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Do I have to put my Roth IRA under deductions and credits if my Roth IRA and 403b were already inputted with my W2 page under wages and income?

I want to be sure I am entering my information correctly, Its asking about traditional and Roth IRA contributions. I have a 403b and a Roth IRA through my employer and the information was on my W2 for my income page. Is this something I add twice? and is a 403b considered a traditional IRA?
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dmertz
Level 15

Do I have to put my Roth IRA under deductions and credits if my Roth IRA and 403b were already inputted with my W2 page under wages and income?

Anything reported in box 12 of your W-2 is to be entered in box 12 of TurboTax's W-2 form, nowhere else in TurboTax.  Anything reported in box 12 of your W-2 is not a Roth IRA, but is instead probably a designated Roth account in the 403(b).  A 403(b) is not an IRA.

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2 Replies

Do I have to put my Roth IRA under deductions and credits if my Roth IRA and 403b were already inputted with my W2 page under wages and income?

Stay tuned. I will page @dmertz.

dmertz
Level 15

Do I have to put my Roth IRA under deductions and credits if my Roth IRA and 403b were already inputted with my W2 page under wages and income?

Anything reported in box 12 of your W-2 is to be entered in box 12 of TurboTax's W-2 form, nowhere else in TurboTax.  Anything reported in box 12 of your W-2 is not a Roth IRA, but is instead probably a designated Roth account in the 403(b).  A 403(b) is not an IRA.

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