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Retirement tax questions
No. What section? In Deductions? No. A 401K only is entered from the W2 nowhere else. It has already been deducted from your wages in box 1 and you can't deduct it again. Notice that box 1 is less than boxes 3&5. Anything you contributed in 2024 will be on your 2024 W2, next year.
But I'm not sure if you can contribute to a IRA or ROTH IRA at work. Could it be a ROTH 401K?
‎January 21, 2024
10:50 AM