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jonp_41
New Member

I accidentally entered my 401k roth contributions taken from my wages as a roth IRA. Is there a way to correct this?

I would like to correct this and add the amount taken out of my salary as a traditional if needed. If not I'd like to remove them altogher
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Accepted Solutions

I accidentally entered my 401k roth contributions taken from my wages as a roth IRA. Is there a way to correct this?

@jonp_41 

 

401k contributions are entered ONLY with your W-2 data...nowhere else.

 

A 401k is not an IRA

Thus:

Go to the Traditional and ROTH IRA Contributions section on the Deductions&Credits page and remove, or zero-out any $$ you entered there.  

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*

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1 Reply

I accidentally entered my 401k roth contributions taken from my wages as a roth IRA. Is there a way to correct this?

@jonp_41 

 

401k contributions are entered ONLY with your W-2 data...nowhere else.

 

A 401k is not an IRA

Thus:

Go to the Traditional and ROTH IRA Contributions section on the Deductions&Credits page and remove, or zero-out any $$ you entered there.  

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*

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