This answer has been verified for accuracy by an Intuit expert employee
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
All amounts contributed through your employer are referred to as "employer" contributions per the IRS definition. Your employer excludes the code W amount in box 12 from the amount in box 1 of your W-2, so you aren't paying any taxes on this money and you do not get to deduct it again on your tax return as a personal contribution.
‎January 20, 2020
6:04 AM