turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Attend our Ask the Experts event about Tax Law Changes & Forms (2024) on Mar 19! >> RSVP NOW!
Close icon
Do you have a TurboTax Online account?

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

liahino
New Member

return

if i didn't select retirement plan on my return because it wasn’t checked in my W-2 online but on the paper one it was checked but entered is box 12D with an amount will i need to amend my return? 

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.

1 Reply
BillM223
Employee Tax Expert

return

The important thing is NOT box 12a,b,c,d, but the letter code next to the dollar amount. The amount withheld for a 401(k) (probably the most common retirement plan) is marked with letter "D" and a dollar amount (there are other codes for other plans).

 

In the simplest of cases, you don't need to do anything about this D code outside of entering your W-2. 

 

This box  (box 13) is one the W-2 needs nbecause this can be used to calculate the annual contribution limit for an IRA.

 

To know if it made a difference in your case (because it often or even usually won't), reopen your return (if you have already filed, check that you want to add a state - this will open the return to be amended). Then check the box on your W-2 and see of it makes any differences on your return, like amount due or refund.

 

If it makes no difference, then just leave it alone and go no farther. Just remember for next year that TurboTax will think that you started the amendment process (you can ignore this).

 

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

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question