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Get your taxes done using TurboTax
Hi,
Our token is 1289457.
We are married, filing jointly with all income from Pennsylvania.
Our question is:
In deductions and credits it says: "The income you're taxed on was reduced by $23,000 for my spouses 401(k), but we are filing jointly and my 457(b) should also show an additional $23,000. We both maxed our our pre-tax contributions in this tax year and they accurately are reflected on our W-2. Why is it not? Our Federal Tax refund dropped from $2,880 (2023 tax year) to $175 (2024 tax year), so we are concerned this might be why it dropped.
March 16, 2025
8:45 AM