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Retirement tax questions
So, if I understand you, the $642 that was contributed in January 2025 for 2024, was Included in the code W amount?
If so, then you should not have entered the $642 separately, because normally, any amount that is contributed in 2025 for 2024 is NOT included in the code W amount. That is why this question is asked.
But if the code W amount includes everything, then when you are asked about "Contributions made in 2025 for tax year 2024", just answer zero - the code W amount already took care of it.
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March 10, 2025
7:46 AM