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If you contributed to a deferred compensation account at work, your contribution has already been excluded from taxation on your form W-2. The amount of wages in box 1 of form W-2 is smaller than the amount in box 5 (Medicare wages) by the amount of your contribution.
Your contribution is not deducted on line 51 of form 1040.
If you contributed to a deferred compensation account at work, your contribution has already been excluded from taxation on your form W-2. The amount of wages in box 1 of form W-2 is smaller than the amount in box 5 (Medicare wages) by the amount of your contribution.
Your contribution is not deducted on line 51 of form 1040.
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