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No, the contribution is allowed only once as shown on your W-2. This should have been reported in Box 12 with Code S of Form W-2.
For more information, see IRS: SIMPLE IRA Plan FAQs
No, the contribution is allowed only once as shown on your W-2. This should have been reported in Box 12 with Code S of Form W-2.
For more information, see IRS: SIMPLE IRA Plan FAQs
Thank you KathrynG3. I thought as much but it didn't appear clear from what I was reading in Turbo Tax.
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