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In Box 14, Arkansas Teachers' retirement system contribution is not affecting federal or state refund. Is this not deductible? What should category be?

I'm entering this under the other(not classified) category, as I didn't see another matching category. I'm quite certain that this is meant to be tax deferred, so I'm not sure why when I change the value to 0, it doesn't change my tax due/refund.
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In Box 14, Arkansas Teachers' retirement system contribution is not affecting federal or state refund. Is this not deductible? What should category be?

If it was deducted pretax then it was already deducted from the wages in box 1.  Or if they are not pretax deductions the plan keeps track of them for you and when you take a distribution or get the pension part of it will come out tax free.  You can only deduct contributions to IRA plans you make outside of work.

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In Box 14, Arkansas Teachers' retirement system contribution is not affecting federal or state refund. Is this not deductible? What should category be?

If it was deducted pretax then it was already deducted from the wages in box 1.  Or if they are not pretax deductions the plan keeps track of them for you and when you take a distribution or get the pension part of it will come out tax free.  You can only deduct contributions to IRA plans you make outside of work.

BillM223
Expert Alumni

In Box 14, Arkansas Teachers' retirement system contribution is not affecting federal or state refund. Is this not deductible? What should category be?

Contact your employer. Your employer probably has already removed the amount from Wages in box 1 and in state wages. 

 

If so, you are OK. "Other" is fine for a category.

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