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Deductions & credits
Please verify that your box 13 retirement on your W-2 entry wasn't accidently checked:
- Click on "Search" on the top right and type “W-2”
- Click on “Jump to W-2”
If your W-2 wasn't the issue and you don't have any SEP entries then you should get the question during the traditional IRA contribution interview:
- Click on "Search" on the top right and type “IRA contributions”
- Click on “Jump to IRA contributions"
- Select “traditional IRA”
- Continue until you get the "Retirement Plan Coverage?" screen
You’re covered by an employer retirement plan for a tax year if your employer (or your spouse’s employer) has a:
- Defined contribution plan (profit-sharing, 401(k), stock bonus and money purchase pension plan) and any contributions or forfeitures were allocated to your account for the plan year ending with or within the tax year;
- IRA-based plan (SEP, SARSEP or SIMPLE IRA plan) and you had an amount contributed to your IRA for the plan year that ends with or within the tax year; or
- Defined benefit plan (pension plan that pays a retirement benefit spelled out in the plan) and you are eligible to participate for the plan year ending with or within the tax year. (IRS)
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April 18, 2022
2:47 PM