If my IRA contributions were entered with my W2, do I also need to enter them again in the deductions portion - or are they already accounted for?

Forum|Forum|2 years ago
January 29, 2024
2 replies
31 views

All my contributions were through my work retirement plan and entered with my W2.
It asks for traditional and roth IRA contributions in the deductions portion and I'm not sure if I need to put the numbers in the system again. It majorly changes what I owe / refund if I do put the info in again.

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DoninGA

Level 15

Since your deferrals to the tax deferred retirement plan were already reported on your W-2 you do Not enter them anywhere else on the tax return.

xmasbaby0

Level 15

NO. If you have a retirement plan at work, that is on box12 of your W-2. You only enter it from the W-2---nowhere else.

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