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gjeandron
New Member

401k contribution box 12b D, $24,000. It did not reduce our tax liability

 
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2 Replies

401k contribution box 12b D, $24,000. It did not reduce our tax liability

It would not. It was made with pre-tax money and was already not included in the W-2 Box 1 amount. You already got the break by not having it included in taxable income.

401k contribution box 12b D, $24,000. It did not reduce our tax liability

It would not. It was made with pre-tax money and was already not included in the W-2 Box 1 amount. You already got the break by not having it included in taxable income.
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