No, your Designated Roth Contribution (Box 12 Code AA) is not reflected in box 1 of your W-2 - it is an after tax contribution. It does not reduce your taxable income. You will not see it on your Form 1040. You may be eligible to contribute to a Roth IRA. Here are the Roth Income Limits for 2019 contributions:
- Single or head of household: You must earn less than $122,000 ($120,000 in 2018) to fully contribute to a Roth IRA
- Married
filing jointly or a qualified widow(er): You must earn less than
$193,000 ($189,000 in 2018) to fully contribute to a Roth IRA
- Married
filing separately: You must earn less than $10,000 to fully contribute
to a Roth IRA. (Note: Those married filing separately can use the limits
for single people if they have not lived with their spouse in the past
year).
If you are eligible, there are no reporting requirements for a Roth IRA, as they are after tax and do not impact your tax return.
