134993
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

weber1124
New Member

Box 12 of my W-2, shows that I elected to put $3300 dollars into a 401k. Later, when asked if I put any money into a 401k in 2016, I entered this same $3300. Correct?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
dmertz
Level 15

Box 12 of my W-2, shows that I elected to put $3300 dollars into a 401k. Later, when asked if I put any money into a 401k in 2016, I entered this same $3300. Correct?

There is no place in TurboTax that asks you to enter this amount other than in box 12 of TurboTax's W-2 form.  Do not enter it anywhere else.  (A 401(k) is not an IRA.)

View solution in original post

2 Replies
KenH1
New Member

Box 12 of my W-2, shows that I elected to put $3300 dollars into a 401k. Later, when asked if I put any money into a 401k in 2016, I entered this same $3300. Correct?

Was the follow up question about IRAs (not 401ks)?
dmertz
Level 15

Box 12 of my W-2, shows that I elected to put $3300 dollars into a 401k. Later, when asked if I put any money into a 401k in 2016, I entered this same $3300. Correct?

There is no place in TurboTax that asks you to enter this amount other than in box 12 of TurboTax's W-2 form.  Do not enter it anywhere else.  (A 401(k) is not an IRA.)

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question