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Contribute to IRA and Roth through work. Is on W2. Do I need to input info into traditional IRA and Roth IRA area?
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January 25, 2020
3:28 PM
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Retirement tax questions
No. The info will be captured automatically when you enter the W-2.
January 25, 2020
3:44 PM
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Retirement tax questions
And if it's at work it's probably a 401K not an IRA. It should be on your W2 box 12 with code D. You only enter it from the W2 nowhere else. It has already been deducted from the wages in box 1 and you can't deduct it again.
January 25, 2020
3:49 PM
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Retirement tax questions
And the Roth contributions likely shown with code AA.
January 25, 2020
6:05 PM