I've already filed my 2019 return, turbotax automatically applied the retirement saving's credit to my return, i contributed $1,609 to my 401k, is that all i need to do?

hk50 · ‎January 13, 2020

xmasbaby0 · ‎January 14, 2020

Yes. If you entered the W-2 exactly as it appeared then it showed your 401k contribution and applied the saver's credit. You do enter anything else about the 401k unless you take money out of that (and you do not want to do that before you are 59 1/2 at least)

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

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xmasbaby0 · ‎January 14, 2020

Yes. If you entered the W-2 exactly as it appeared then it showed your 401k contribution and applied the saver's credit. You do enter anything else about the 401k unless you take money out of that (and you do not want to do that before you are 59 1/2 at least)

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

hk50 · ‎January 14, 2020

Thank you!

I've already filed my 2019 return, turbotax automatically applied the retirement saving's credit to my return, i contributed $1,609 to my 401k, is that all i need to do?