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Retirement tax questions
Also, make sure that amounts reported in box 12 of his W-2 (if any) are entered only in box 12 of TurboTax's W-2 form, nowhere else in TurboTax. If your husband is self-employed and made contributions to a SEP plan or SIMPLE IRA established under his business, these are entered in the Business section, not under Deductions & Credits; SEP and SIMPLE IRA contributions are still permitted after age 70½.
June 1, 2019
12:32 AM