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New Member
posted Feb 12, 2023 8:52:52 AM

My employer did not end up contributing to my 401k every month due to cash flow issues. Do I use the the total amount deducted or the amount they actually contributed?

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1 Replies
Level 15
Feb 12, 2023 8:56:04 AM

The deferrals to your 401(k) account, provided by your employer, are on the W-2 in box 12 with a code of D.

The deferrals are not entered anywhere else on your tax return.