turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Info on automatic Roth Contributions

One of my employee benefits is matching on my Roth contributions deducted from my paycheck. I assume I need to report this information? Just my contributions, or the matching funds as well? I just don't want to enter duplicate information.
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
IreneS
Intuit Alumni

Info on automatic Roth Contributions

No.  You do not need to include contributions to a Roth separately in your return because there is no deduction benefit for contributing to Roth IRA. 

The deductions should be reflected on your W-2, Box 12.


**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

1 Reply
IreneS
Intuit Alumni

Info on automatic Roth Contributions

No.  You do not need to include contributions to a Roth separately in your return because there is no deduction benefit for contributing to Roth IRA. 

The deductions should be reflected on your W-2, Box 12.


**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies