You'll need to sign in or create an account to connect with an expert.
No, you don't.
Employers report your contributions in boxes 1 and 12, respectively, of your form W-2. While your contributions aren't subject to federal withholding, they are subject to withholding for Social Security and Medicare taxes.
A 401(k) is not an IRA.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
mikeflorio
New Member
eoltman
Level 2
lucasbraun1
New Member
Barb50
New Member
Tax2019Pay
Level 6