3269279
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.

meghee
New Member

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.

 
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 Reply
BillM223
Expert Alumni

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.

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.

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

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question