☰
✕
Sign In

Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Jun 4, 2019 5:58:56 PM

I am a State of Rhode Island employee and contribute to a 414H pension plan why can't I deduct it?

My 414H is mandatory why can't 
I claim it?

0 1 2284
1 Replies
Level 1
Jun 4, 2019 5:58:57 PM

The IRS does not allow the deduction because they reason you have already received a the tax benefit from these payments made by your employer being excluded from your wages. 

For more information, follow this link: Government Retirement Plans