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Question about deductions for retirement. I have a 403b at work i do half pre taxed and half after taxed am i able to deduct either of these? if so does it go under traditional ira?

 
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LindaA
Expert Alumni

Question about deductions for retirement. I have a 403b at work i do half pre taxed and half after taxed am i able to deduct either of these? if so does it go under traditional ira?

No, you cannot deduct your 403(b) contributions on your tax return. These contributions are already accounted for on your W-2 in box 12. The pre-tax portion has code E and the after-tax portion has code BB (Roth 403(b)). You are already receiving a tax benefit on the pre-tax portion. By design, the Roth 403(b) contribution is not deductible. 


Please see the FAQs below for more information.

Where do I enter my 403(b) contributions? https://ttlc.intuit.com/replies/5459114

Is my 401(k), 403(b), or TSP considered an IRA? https://ttlc.intuit.com/replies/5298128

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

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