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Level 1
posted Mar 2, 2025 8:23:00 AM

Traditional IRA is the same as Roth IRA? I have 401k through work do I add that to either or none?

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1 Replies
Level 15
Mar 2, 2025 8:24:35 AM

A 401k is a retirement account but it is not the same as an IRA.   When you enter your W-2 from your employer, the 401k information is already on your W-2, so you enter it from your W-2 only.  You do not enter it anywhere else.