dmertz
Level 15

Retirement tax questions

Code D indicates that the contributions through your employer are elective deferrals to a 401(k) plan (or the federal TSP plan).  It is not a SEP-IRA or any other kind of IRA.

Enter the code D amount only in box 12 of TurboTax's W-2 form, nowhere else in TurboTax.  Go back and remove the entry that you made under Deductions & Credits -> Retirement and Investments -> Traditional and Roth IRA Contributions.

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