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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?
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January 21, 2020
6:13 PM
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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.
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January 21, 2020
6:23 PM
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