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lkmoore2141977
New Member

I pay in to my 401k, do I claim that on my taxes

Do I claim my 401k I put on my taxes

1 Best answer

Accepted Solutions
DoninGA
Level 15

I pay in to my 401k, do I claim that on my taxes

Your 401(k) contributions are shown on your W-2 in box 12 with a code of D.  You do not enter those contributions anywhere else on your tax return.

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4 Replies
Carl
Level 15

I pay in to my 401k, do I claim that on my taxes

Are you a W-2 employee? If so, your 401(k) contributions are already shown in box 12 of your W-2 and the amount is not included in box 1 of your W-2. So you don't report it anywhere else.
lkmoore2141977
New Member

I pay in to my 401k, do I claim that on my taxes

Yes I am and ok thank you..just wanted to make sure I didnt miss anything
Carl
Level 15

I pay in to my 401k, do I claim that on my taxes

The only other thing that is possible, is if you made qualified contributions to your 401(k) yourself personally, by writing a check and depositing to the account. That most likely would not be included in box 12 - but it could be.
DoninGA
Level 15

I pay in to my 401k, do I claim that on my taxes

Your 401(k) contributions are shown on your W-2 in box 12 with a code of D.  You do not enter those contributions anywhere else on your tax return.

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