- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Retirement tax questions
No, it is not deductible. Since the contributions are made with the pre-tax dollars, there is no tax deduction allowed for the contributions. However, you do receive a tax benefit for the contribution by having them pre-tax, the benefit is reflected on your W-2. As long as you have entered W-2 into TurboTax, that's all you have to do.
May 31, 2019
11:41 PM