Emyaq30
New Member

Retirement tax questions

So does this mean when you are filling out box 14 for Federal Return that you should leave it blank?  Mine has $2700.00.  Does this mean I contributed this amount and now need to be taxed on it or what does it mean when "it says in both 14 "EXCL RETIRE $2700"?  I apologize for my ignorance.  I truly do not understand.  Thank you