NO. Your contributions were made "pre-tax" and those contributions are not part of your Box 1 amount on your W-2. No further entries are necessary.
Tom Young
thank you!!! Does that mean that I don't need to enter my calpers contributions anywhere on turbotax forms?
They should be in box 12 on your W-2. You do not enter anywhere else.
Box 12 of my W2 contains DD, which is the cost of employer health coverage. That is why I am wondering if my W2 is missing my calpers contribution
How did you pay it? Did it come out of your checks? Ask Pers or your employer.
Calpers might not be reported at all since it is a California State retirement plan. Probably on a separate statement.
@macuser_22 when you say "separate statement" - what do you mean?
My wife used to receive year end statements reporting the retirement balance, and contributions.
I "think" Calpers is a 457(b) plan, but I might be mistaken. Contributions to that would be reported in box 12 on a W-2 with a code "G".
I have CalPers. You shouldn't need to enter it at all unless you are getting a pension or rolled it over. I'm retired now but I could look up on the W2s from working to see how they reported it. Just enter the W2 exactly as shown. They are keeping track of the pre-tax and post tax contributions so when you do take it out the 1099'R will be right.
@macuser_22 thank you. i probably should check with my employer then because I don't have a code G in box 12.
@VolvoGirl I indeed entered W 2 exactly as shown. My confusion started when I didn't see my retirement contribution on W2. For some reason I expected to see it there...but maybe that wasn't right to expect.