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New Member
posted Jun 4, 2019 7:37:55 PM

I contribute to a pension each month. Can I use the retirement information on my W2 to include on IRA tax break section?

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2 Replies
Level 15
Jun 4, 2019 7:37:56 PM

Most retirement contribution information entered on a W-2 is already giving you a tax break because the amount of the contribution is deducted from your income before your income is entered in box 1. Is it not already deducted from your income?

Level 15
Jun 4, 2019 7:37:58 PM

Most retirement contribution information entered on a W-2 is already giving you a tax break because the amount of the contribution is deducted from your income before your income is entered in box 1. Is it not already deducted from your income?