- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Retirement tax questions
Employee 401k contributions are accounted for via box 12 of the W2. The taxable wages in box 1 have been reduced by that amount, which has the same effect as a deduction. The employer contribution is not declared anywhere (the employer gets that deduction) Don't enter in the IRA section.
‎June 6, 2019
3:22 AM