- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Retirement tax questions
Incorrect. Allowable prior-year 401K contributions must be deducted from total gross income regardless of current year contributions. But Turbotax "Premier" 2018 precludes that appropriate treatment by lumping together prior- and current-year 401K contributions and erroneously generating incorrect tax liabilities. Read the 2018 W2 Box 12 instructions very carefully. Suggestions?
August 7, 2019
2:43 PM