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npyrek
New Member

If you contribute to a work retirement account (TSP - FED GOV) do you account for that in the tax break section or was that accounted for in the Fed W2?

 
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2 Replies
KrisD15
Expert Alumni

If you contribute to a work retirement account (TSP - FED GOV) do you account for that in the tax break section or was that accounted for in the Fed W2?

The Thrift Savings Plan is funded with pre-tax dollars so it is accounted for on the W-2. 

 

(You didn't pay tax on those contributions.)

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If you contribute to a work retirement account (TSP - FED GOV) do you account for that in the tax break section or was that accounted for in the Fed W2?

Yes.  Only enter it from gone W2 nowhere else.  It was deducted pretax so you can't deduct it again.

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