Deductions & credits

As to the 401k

1) ....IF you are talking about contributions made with your paycheck?....then those were already entered when you put in your W-2 form. You do not gat anything more out of them, and they are NOT IRA contributions (entirely different retirement program).

 

OR 2) If you are talking about 401k money you took OUT of the 401k plan.....? Then YES, that 1099-R must be included in your 2024 tax filing.

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*