I have two box 12 items one is for my Roth IRA contributions, and one is for my traditional IRA contributions made from my paycheck. My employer also contributed to the plan with discretionary funds and matching funds to the traditional 401k. Did I do this wrong or interpret it wrong? I entered the box 12 (both of them) into turbo tax and entered in box one as instructed. Box 1 is box 3/5 minus box 12a (flag D which is elective deferrals to a section 401k cash or deferred arrangement. … it continues on)
did I misinterpret this?
im just trying to stay within 133% of federal poverty limit.
