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macx23
New Member

Do I need to report my Simple IRA Contribution in the IRA contribution section if I already confirmed the total contribution in a previous income section?

I have already contributed the max to my Roth IRA under the guidance of my financial advisor who knows that I have a simple IRA plan through my employer. If I report that total (that I already filled out in a section earlier), that will put me over the maximum of 6500 (I'm being told at least). Should I be adding that still?
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1 Reply
dmertz
Level 15

Do I need to report my Simple IRA Contribution in the IRA contribution section if I already confirmed the total contribution in a previous income section?

Enter amounts shown in box 12 of your W-2 only in box 12 of TurboTax's W-2 form, nowhere else in TurboTax.  Make sure that you do not enter any of these amounts (including an amount reported with code S) anywhere under Deductions & Credits.

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