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Retirement tax questions
You do not need an entry in box 12 when box 13 is checked for 'Retirement Plan'. You don’t need to do anything. If your employer didn’t put anything in box 12, there’s nothing you need to report or enter. You can just skip it and move on.
If there is an entry in box 12, you need to select the code printed, then enter the amount. Answer any follow-up questions correctly and TurboTax will do the rest.
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February 1, 2023
8:45 AM