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We have not contributed to a traditional IRA in 2019, however Turbotax is showing Spouse Box checked under Additional Traditional IRA Contribution Line 10 worksheet?

The title of line 10 is "Check if covered by a retirement plan at work. If married filing
a separate return, check box in spouse column, if applicable". Does 401K contribution needs to be acknowledged on this traditional IRA worksheet?
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Accepted Solutions

We have not contributed to a traditional IRA in 2019, however Turbotax is showing Spouse Box checked under Additional Traditional IRA Contribution Line 10 worksheet?

The line 10 check box has nothing to do if you have made  contribution or not.  A 401(k) in box 12 on a W-2 is NOT an IRA and does not get entered anywhere else.

 

That box will be checked if:


TurboTax makes that determination if any of the following are true:

1) Box 13 (retirement plan) on your (or spouses) W-2 is checked,
2) Box 12 on your (or spouses) W-2 contains codes D, E, F, S, or AA/
3) You answered “yes” to the “Are you covered by a Retirement Plan at work” in the interview.
4) You have a self-employed retirement plan.

 

 

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**

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2 Replies

We have not contributed to a traditional IRA in 2019, however Turbotax is showing Spouse Box checked under Additional Traditional IRA Contribution Line 10 worksheet?

The line 10 check box has nothing to do if you have made  contribution or not.  A 401(k) in box 12 on a W-2 is NOT an IRA and does not get entered anywhere else.

 

That box will be checked if:


TurboTax makes that determination if any of the following are true:

1) Box 13 (retirement plan) on your (or spouses) W-2 is checked,
2) Box 12 on your (or spouses) W-2 contains codes D, E, F, S, or AA/
3) You answered “yes” to the “Are you covered by a Retirement Plan at work” in the interview.
4) You have a self-employed retirement plan.

 

 

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**

We have not contributed to a traditional IRA in 2019, however Turbotax is showing Spouse Box checked under Additional Traditional IRA Contribution Line 10 worksheet?

Yes my spouse did have a retirement 401k plan for 2019. Thank you very much.

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