Open TurboTax

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
cancel
Showing results for 
Search instead for 
Did you mean: 
lazycoconutcusto
New Member

If my employer's retirement program is noted as d-$xyz on my W2, do I also enter it in when Turbo Tax asks about IRAs?

 
1 Reply
IreneS
Intuit Alumni

If my employer's retirement program is noted as d-$xyz on my W2, do I also enter it in when Turbo Tax asks about IRAs?

No - Do not enter the information from your W-2, Box 12, Code D on your W-2 in the IRA section.  The amount has already been subtracted from your taxable income shown on your W-2.

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

About Community

Learn about taxes, budgeting, saving, borrowing, reducing debt, investing, and planning for retirement.

3.46m
Members

2.57m
Discussions

Manage cookies
v