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New Member
posted Mar 9, 2025 3:26:03 PM

403b deduction is not being included to reduce my taxable income. How can this be corrected?

this is not helpful. i need to talk to a live person for free

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1 Best answer
Level 15
Mar 9, 2025 7:04:06 PM

Your employer has already excluded from the amount in box 1 of your W-2  the elective deferral contributed to the 403(b) and reported with code E in box 12 of your W-2.  You are not permitted to deduct it again on your tax return.

1 Replies
Level 15
Mar 9, 2025 7:04:06 PM

Your employer has already excluded from the amount in box 1 of your W-2  the elective deferral contributed to the 403(b) and reported with code E in box 12 of your W-2.  You are not permitted to deduct it again on your tax return.