pavemerc
New Member

Box 13 and my IRA

I am self employed and this year I was paid to be in a Movie.  The compensation amount was small but the talent company provided me with a W-2 with box 13 "retirement plan" checked.  Even though I didn't make much on the movie I cannot deduct the amount I contributed to my IRA (which is ten times more than I made on the movie) I checked and the retirement plan they are referring to is the Screen Actor's Guild pension plan but I didn't even make enough to be allowed to contribute.  So am I really covered by a "retirement plan" if I can't contribute to it? (my self employed income is more than $123,000.00