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New Member
posted Jun 4, 2019 8:27:14 PM

What is code 414 in box 14?

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1 Replies
Level 9
Jun 4, 2019 8:27:15 PM

It is a New York retirement contribution.  NY taxes the contribution when you enter it properly but does not tax distributions when you start taking them out.  You must type in a description "414H" in Turbotax Online by the amount.   That way it will carry correctly to the NY return as an addback.