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Retirement tax questions
@jcooperhagemann wrote:
I didn’t have a 401k in 2022, but the IRS allows a post 2022 contribution before April 18th. Where is it on Turbo tax?
If you are an employee and have an employer provided 401(k) the contribution to the account are only made on a calendar year basis. You cannot contribute to the 401(k) in 2023 and have that contribution reported on a 2022 tax return.
April 17, 2023
5:44 PM