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easymac8806
New Member

I am working on my deductions and I'm wondering if I should claim the retirement contributions through my employer? 403 EE TIAYTD amount: 749.36403 EE Van YTD: 442.69

Is this  what is meant by Roth IRA?
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KenH1
New Member

I am working on my deductions and I'm wondering if I should claim the retirement contributions through my employer? 403 EE TIAYTD amount: 749.36403 EE Van YTD: 442.69

No, because you are already getting the deduction via a reduction in your taxable income in box 1.

If you enter your W2 as printed, with the box 12 codes and amounts, then no further reporting is needed.

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1 Reply
KenH1
New Member

I am working on my deductions and I'm wondering if I should claim the retirement contributions through my employer? 403 EE TIAYTD amount: 749.36403 EE Van YTD: 442.69

No, because you are already getting the deduction via a reduction in your taxable income in box 1.

If you enter your W2 as printed, with the box 12 codes and amounts, then no further reporting is needed.

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