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joanstap
New Member
posted
‎June 1, 2019 12:09 AM
last updated ‎June 01, 2019 12:09 AM

If I increase my contributions to my work 401k now, can these contributions for 2017 be used for my 2016 deductions

 
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Howard1948
Level 7
‎June 1, 2019 12:09 AM

If I increase my contributions to my work 401k now, can these contributions for 2017 be used for my 2016 deductions

No.  This process only works for and applies to IRA contributions, not 401(k).

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Howard1948
Level 7
‎June 1, 2019 12:09 AM

If I increase my contributions to my work 401k now, can these contributions for 2017 be used for my 2016 deductions

No.  This process only works for and applies to IRA contributions, not 401(k).

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