Under Deductions & Credits, TurboTax asks about contributing to a Traditional IRA. Is this referring to our company plan which deducts from our payroll?

[BillM223]

No.

The company plan is almost certainly a "retirement plan", not an IRA. For example, it may be a 401(k) plan (very common).

Retirement plans are not IRAs. IRAs are "retirement accounts" that are owned by the individual. Retirement plans are managed by someone like your employer.

[dmertz]

Enter amounts shown in box 12 of your W-2 only in box 12 of TurboTax's W-2 form, nowhere else in TurboTax.

[james136]

Thanks, this is what I was looking for!