you mean 401(k), not IRA? for box 12 it said: "I have two box 12 items one is for my Roth IRA (Should've said 401(k) contributions, and one is for my traditional IRA (again should've said 401(k) 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)
I thought 401(k) and IRA were the same thing.
so to be clear, it's D and AA which the code says 401(k) for both. one's Roth and the other's not.
