DanaB27
Expert Alumni

Deductions & credits

Please verify that your box 13 retirement on your W-2 entry wasn't accidently checked:

  1. Click on "Search" on the top right and type “W-2” 
  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:

 

  1. Click on "Search" on the top right and type “IRA contributions” 
  2. Click on “Jump to IRA contributions"
  3. Select “traditional IRA
  4. 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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