Solved: Do I need to list payroll contributions to profit sharing retirement plan?
Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Announcements
TurboTax has you covered during Covid. Get the latest stimulus info here.
cancel
Showing results for 
Search instead for 
Did you mean: 
keldanderson
New Member

Do I need to list payroll contributions to profit sharing retirement plan?

 
1 Best answer

Accepted Solutions
PaulaM
Employee Tax Expert

Do I need to list payroll contributions to profit sharing retirement plan?

In general, payroll contributions are already pre-tax and are already recorded as redueced wages. You won't enter them again.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

1 Reply
PaulaM
Employee Tax Expert

Do I need to list payroll contributions to profit sharing retirement plan?

In general, payroll contributions are already pre-tax and are already recorded as redueced wages. You won't enter them again.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

Dynamic AdsDynamic Ads
v
Privacy Settings