turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Event: Ask the Experts about your refund > RSVP NOW!
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Need to add 401k

at the beginning it asks if you have  401k roth? I said no because I didnt relise it started coming out of check 2016 as well... how do i go back to add this and will I find this on w-2 or only on pay stub
Connect with an expert
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 Best answer

Accepted Solutions
LindaA
Expert Alumni

Need to add 401k

Don't confuse a Roth 401(k) with a Roth IRA (Individual Retirement Arrangement). Although they are both Roth plans (non-deductible), they are not the same thing, and their contributions are covered in different sections of TurboTax. While you contribute to a Roth 401(k) at work, you set up a Roth IRA on your own, with your bank or other financial institution. Contributions to your Roth 401(k) are reported on your W-2 in Box 12 with code AA. You only need to enter this information in the W-2 section of TurboTax. Please see the FAQ below for instructions. 

How do I fill out the Box 12 information from my W-2?  https://ttlc.intuit.com/replies/4785646

View solution in original post

1 Reply
LindaA
Expert Alumni

Need to add 401k

Don't confuse a Roth 401(k) with a Roth IRA (Individual Retirement Arrangement). Although they are both Roth plans (non-deductible), they are not the same thing, and their contributions are covered in different sections of TurboTax. While you contribute to a Roth 401(k) at work, you set up a Roth IRA on your own, with your bank or other financial institution. Contributions to your Roth 401(k) are reported on your W-2 in Box 12 with code AA. You only need to enter this information in the W-2 section of TurboTax. Please see the FAQ below for instructions. 

How do I fill out the Box 12 information from my W-2?  https://ttlc.intuit.com/replies/4785646
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies