You'll need to sign in or create an account to connect with an expert.
The employer's retirement plan is not an IRA. The type of plan that allows a special 3-year catchup is a 457(b). Enter amounts shown in box 12 of your W-2 only in box 12 of TurboTax's W-2 form, nowhere else in TurboTax. Remove the erroneous IRA contribution that you entered,
The employer's retirement plan is not an IRA. The type of plan that allows a special 3-year catchup is a 457(b). Enter amounts shown in box 12 of your W-2 only in box 12 of TurboTax's W-2 form, nowhere else in TurboTax. Remove the erroneous IRA contribution that you entered,
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
bek5034
New Member
justneedtopostaquestion123
Returning Member
tim
New Member
kiwi_jonnyboy
New Member
btu727
Level 1