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New Member
posted Mar 13, 2025 7:50:08 PM

TurboTax shows our AGI as total income despite 401(k) contributions, with no adjustment. I verified W-2 entries, including Box 12. How can we fix this?

0 1 1922
1 Replies
Level 15
Mar 13, 2025 7:57:56 PM

The 401K in W2 box 12 have already been deducted from the wages in box 1 and you can’t deduct them again.   See box 1 should be less than boxes 3 & 5.  Ask your employer.