Retirement tax questions

@ToriC90 

 

No..not that either.

 

Those paycheck withholdings are not IRA or ROTH IRA contributions. The contributions done with your paycheck and noted in box 12, are entered only with your W-2 and nowhere else.

 

The IRA/RothIRA contributions section  on the Deductions& Credits page is ONLY for extra contributions you make yourself outside of any employers plan, to some separate account you may have set up..  

 

Note too that the max amount allowed to be contributed at the employer is usually ~2.5x   greater than for the IRA/Roth IRA contribution section..

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*