TurboTax HelpTurboTax HelpIntuit

Do I get a deduction for my 401(k) or Thrift Saving Plan contribution?

SOLVEDby TurboTax2034Updated February 16, 2024

If your contribution appears in box 12 of your W-2 with a code D, you got the deduction.

Usually contributions to employer-sponsored 401(k) and TSPs are "pre-tax," which means the contributions are deducted from your earnings before tax is applied.

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