2043892
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Attend our Ask the Experts event about Tax Law Changes - One Big Beautiful Bill on Aug 6! >> RSVP NOW!
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

andron7
New Member

Box 12 shows 403b contributions no show CalPERS contributions. Box 1 reflects both CalPERS and 403b contributions. How and where do I input CalPERS contributions?

Box 12 shows 403b contributions but DOESNT show CalPERS contributions. Box 1 reflects both CalPERS and 403b contributions. How and where do I input CalPERS contributions?
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

3 Replies
JohnB5677
Expert Alumni

Box 12 shows 403b contributions no show CalPERS contributions. Box 1 reflects both CalPERS and 403b contributions. How and where do I input CalPERS contributions?

Your CalPERS contributions were made "pre-tax" and those contributions are not reflected in your Box 1 wages on your W-2. 

 

Therefore, there is no need to record anything else.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
andron7
New Member

Box 12 shows 403b contributions no show CalPERS contributions. Box 1 reflects both CalPERS and 403b contributions. How and where do I input CalPERS contributions?

I understand that CalPERS was pre-tax. 403B contributions were also pre-tax. Both CalPERS and 403B contributions were reflected in Box 1.

 

Box 1 shows (Box 3 - (403B+CalpPERS)) amount

 

Box 12 only shows 403B pre tax contributions. CalPERS contributions are NOT listed in Box 12

 

Where and how do I input this information in Turbo Tax? We are using TurboTax Premier. My understanding is that this will help with the Savers Credit as they use the 403B contributions towards it, but I am unable to include CalPERS because there isn't a place to include it and its NOT listed in Box 12. CalPERS is a qualified plan, correct?

 

 

 

BillM223
Expert Alumni

Box 12 shows 403b contributions no show CalPERS contributions. Box 1 reflects both CalPERS and 403b contributions. How and where do I input CalPERS contributions?

CalPERS is a 457(b) plan.

 

Contributions to a 457(b) that are deferred compensation are reported with a code of G in box 12 on the W-2.

 

Contributions to a Roth 457(b) (i.e., not deferred) are reported with a code of EE in box 12 on the W-2.

 

Please see the W-2 Instructions (note that these are instructions to your employer on how to complete the W-2).

 

If your W-2 does not have the code G or code EE (whichever would be appropriate), then please show them the W-2 Instructions and ask them for a corrected 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"

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question