☰
✕
Sign In

Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Mar 19, 2024 3:09:16 PM

My employer enrolled us in a Simple IRA this year, and I don't know how to specify this information in my tax preparation. Apparently it's different than an SEP IRA.

0 1 1149
1 Replies
Expert Alumni
Mar 19, 2024 3:15:18 PM

Contributions to a Simple IRA should be found in box 12 with a code of S on your W-2. So just enter your W-2, and TurboTax will take care of it.