in Events
You'll need to sign in or create an account to connect with an expert.
Is this an employer contribution or a personal contribution? If it is an employer contribution, there is nothing to report or a need to reduce taxable income.
Employer contributions are not reported on a W2, only personal contributions.
thank you, I should have clarified. It is a personal contribution
Pre-tax contributions to your 401(k) must be made through payroll deduction. Matching 401(k) contributions are the additional contributions made by employers, on top of the contributions made by you.
As Catina mentioned, If it is an employer contribution, there is nothing to report.
Your contribution are reported on your W-2 box 12 code D : Contributions to your 401(k) plan (including a simple 401(k) plan).
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.
Raph
Community Manager
in Events
fineIlldoitmyself7
Level 1
NMyers
Level 1
nicebaq
New Member
darichmond23
New Member