Retirement tax questions

@Opus 17 

 

Yeah, we have to be careful about this...a couple of states have set up so-called Auto-IRA plans where contributions to an IRA are taken from paychecks  as separate deductions (CA, OR, IL states have them,  and several others considering implementing it).   Apparently the default contribution for the Illinois plan is to a ROTH IRA...don't know about others.

Illinois Secure Choice | Saver Information (ilsecurechoice.com)

 

Those contributions would then need to be entered into the IRA/RothIRA contribution section of the Tax software.

 

....but getting more clarity from OPs here in the Community will be critical as they tend to mentally mix up IRAs with 401ks etc all the time.

 

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