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New Member
posted May 31, 2019 6:58:11 PM

Question about entering SIMPLE IRA contributions from my employment.

Box 12 of my W-2 accounts for SIMPLE IRA contributions from my work and has been accounted for when I entered my W-2 data. Later I am asked to advise if I have contributed any monies to Traditional and/or Roth IRAs. Should I check the "Traditional IRA" box and re-enter the same amount I entered in Box 12?

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1 Best answer
Level 15
May 31, 2019 6:58:13 PM

No ... a SIMPLE IRA   is not the same thing as a TRADITIONAL IRA.  Do NOT enter the contribution again since it was handled on the W-2 screen. 

2 Replies
Level 15
May 31, 2019 6:58:13 PM

No ... a SIMPLE IRA   is not the same thing as a TRADITIONAL IRA.  Do NOT enter the contribution again since it was handled on the W-2 screen. 

New Member
May 31, 2019 6:58:16 PM

Thank you for answering my question!