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equit84
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My return is asking me to enter traditional ira contributions? Is this post tax contributions or all?

My contributions are already stated on my w2. It doesn't specify what kind of contributions
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2 Replies

My return is asking me to enter traditional ira contributions? Is this post tax contributions or all?

Retirement contributions on your W-2 are probably for a 401k.   You enter that from the boxes on your W-2 (usually box 12) and do not enter it again anywhere else in the program.   The information will flow to the appropriate schedule in the return.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

My return is asking me to enter traditional ira contributions? Is this post tax contributions or all?

If you have contributions to an employer tax deferred retirement plan, such as a 401(k) or 403(b), your contributions are on the W-2 Box 12 with a code of D.  You do not enter these contributions anywhere else on a tax return.

 

If you have not created a personal IRA outside of the employer plan, do not use the IRA or Roth contribution section of the program.

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