Should we document our 401k contributions as a traditional IRA or don't they need to be included in our return?
Is there a difference between a Traditional IRA and 401k?
011641
1 Best answer
DoninGA
Level 15
Feb 21, 2025 7:39:18 AM
Your 401(k) contribution are only entered on one place and this on your W-2 in box 12 with a code of D. They are not entered anywhere else on a tax return.
And a 401(k) is Not an IRA.
1 Replies
DoninGA
Level 15
Feb 21, 2025 7:39:18 AM
Your 401(k) contribution are only entered on one place and this on your W-2 in box 12 with a code of D. They are not entered anywhere else on a tax return.