goss-dude
New Member

I already have my retirement plan through my employer filled out as part of the W-2 information. Do I put the amount of money put into the account in my deductions tab?

 
MinhT1
Expert Alumni

Retirement tax questions

If you contributed to a qualified retirement plan through your employer, the amount contributed is reported in box 12 of your form W-2 and this amount has already been excluded from taxation in the taxable wages reported in box 1.

 

Therefore, you do not need to enter the amount contributed in the Deductiuons & Credits section.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post