Reporting deductible UK retirement contributions

[arble]

Hi,

For 2019 I was employed in the US on an expatriate agreement that maintained my participation in my employer's UK pension, deducting an appropriate dollar amount each month from my US pay. Under the tax treaty the two countries have, these contributions are allowed to reduce my US taxable income just as if I had contributed to a US-based retirement plan. However, our US payroll system has not considered these deductions when calculating the numbers in my W2. How can I report these contributions within TurboTax?

[DavidS127]

There is not a way to directly enter these retirement contributions for an employee in TurboTax Premier Online. 

I recommend that you ask your employer for a "Corrected W-2".  Hopefully, your employer can work with the payroll department or payroll service to treat the amount being deducted from your paycheck as a "box 12, code D" deduction.

TurboTax software assumes that 401(k) retirement contributions for employees are correctly reported on the Form W-2.  They are supposed to be "already deducted from the W-2 box 1" amount (income).  The total retirement contributions so deducted are reported in Box 12 of the W-2, with a code of "D".

Self-employed persons have the option to enter a retirement plan contribution with TurboTax Self-Employed Online (Federal>Income & Expenses>Other Business Situations>Self-Employed Retirement Plans).