- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
contribution Employee made to 401 not corporation where does it go on the w2 and will it be taxed as excess contributions
Employees own a S corp they contributed to their 401k not the employer does it go on the w-2 and if so where I can put the roth in box 12 coded as AA but what about the 401 employee contribution that just goes on schedule 1 of their tax return correct and they are high wage earners so they will be taxed as excess contributions on the 1040
March 4, 2024
2:46 PM