401k contribution: on my w-2 my employer deducted my 401k contribution from my box 1 wages. Do I still enter this into turbo tax under 401k contributions section?
401k contribution: on my w-2 my employer deducted my 401k contribution from my box 1 wages. Do I still enter this into turbo tax under 401k contributions section?
No. The amount you contributed will also be listed in box 12 off your W-2. Once you've entered this amount on your W-2, TurboTax will carry it over to the correct spot. Please view the Turbotax FAQ below for more information.
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