Is the amount in section AA on the W-2 form considered as Traditional IRA

1118

Expert Alumni

Mar 11, 2020 3:00:38 PM

No, Code AA in Box 12 of your W-2 is for Designated Roth Contributions under a section 401(k) plan.

Level 15

Mar 11, 2020 5:20:38 PM

... and a 401(k) plan is not an IRA.