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1karlbecker
Returning Member

Payroll taxed first and 100 bi weekly contribution to (personal) traditional ira. This ($1800) was taxed and placed into a rolled over account with pre taxed money.

Not an employer contribution, personal IRA

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dmertz
Level 15

Payroll taxed first and 100 bi weekly contribution to (personal) traditional ira. This ($1800) was taxed and placed into a rolled over account with pre taxed money.

A contribution not reported on your W-2 that you make as a personal contribution an IRA is reported as any other regular personal traditional IRA contribution.  Enter it under Deductions & Credits -> Retirement and Investments -> Traditional and Roth IRA Contributions and answer the follow-up questions.  The fact that your employer provided you the convenience of transferring the money for you, say, as a direct deposit, is irrelevant to the reporting.  For tax purposes, it's no different than having received the money in your paycheck and subsequently deposited it into the IRA yourself.

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2 Replies
dmertz
Level 15

Payroll taxed first and 100 bi weekly contribution to (personal) traditional ira. This ($1800) was taxed and placed into a rolled over account with pre taxed money.

A contribution not reported on your W-2 that you make as a personal contribution an IRA is reported as any other regular personal traditional IRA contribution.  Enter it under Deductions & Credits -> Retirement and Investments -> Traditional and Roth IRA Contributions and answer the follow-up questions.  The fact that your employer provided you the convenience of transferring the money for you, say, as a direct deposit, is irrelevant to the reporting.  For tax purposes, it's no different than having received the money in your paycheck and subsequently deposited it into the IRA yourself.

1karlbecker
Returning Member

Payroll taxed first and 100 bi weekly contribution to (personal) traditional ira. This ($1800) was taxed and placed into a rolled over account with pre taxed money.

thanks
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