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I have retirement pers deducted and they are tax def. Does that count under the 457 plan?

I'm not sure if I can add that to the tax credits
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KenH1
New Member

I have retirement pers deducted and they are tax def. Does that count under the 457 plan?

If you made employee contributions to the 457 plan, you are getting the deduction via reduced taxable income (box 1 of your W2).

Your employee contributions will count towards the Saver's Credit, but no further data entry is needed.

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1 Reply
KenH1
New Member

I have retirement pers deducted and they are tax def. Does that count under the 457 plan?

If you made employee contributions to the 457 plan, you are getting the deduction via reduced taxable income (box 1 of your W2).

Your employee contributions will count towards the Saver's Credit, but no further data entry is needed.

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