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Retirement tax questions
@Btbradford wrote:
My employer doesn’t have a way to make a 401k catchup deposit so it isn’t included on my W2. How do I enter this in TurboTax
Please explain.
Tax deferred contributions to an employer provided 401(k) plan are required by law to be reported on the employee's W-2. If you are making contributions and they are not reflected on the W-2 then you have to get a corrected W-2 from your employer.
October 14, 2021
1:21 PM