My wife and myself work for a school district and contribute to a retirement plan PERS /55. Is any of this deductible?

posted

No, it is not deductible. Since the contributions are made with the pre-tax dollars, there is no tax deduction allowed for the contributions. However, you do receive a tax benefit for the contribution by having them pre-tax, the benefit is reflected on your W-2. As long as you have entered W-2 into TurboTax, that's all you have to do.