W2 Box-12: Roth IRA Plan vs. SIMPLE IRA Plan

[vwilliams1691]

Hello all!

On my W2 under box-12 it has "S" and then the amount on the screenshot below. When continuing, this message pops up. The plan I contribute to is a SIMPLE IRA plan, not a Roth IRA plan. Does this mean I would put $0 in for contribution since I did not contribute to a Roth IRA? Or is this a system error and I should put the full amount? I feel like it's an error since a SIMPLE and Roth IRA are completely separate, I'm just not sure which one it's meaning to ask for. 

Any assistance is greatly appreciated!

[dmertz]

Recent changes to the tax code now allow SIMPLE-IRA contributions to be either traditional or Roth.  If your SIMPLE-IRA contributions from your pay were traditional, enter $0 as the instructions indicate.  Unless your employee's SIMPLE-IRA plan has been modified to allow Roth contributions and you explicitly requested the contributions to be Roth, they are traditional.

[DaveF1006 · Accepted solution]

No. You would put a 0 in this Box since it isn't A Simple Roth IRA. The reason this question is asked because taxpayers are allowed to make Roth contributions to their Simple plans starting in 2023 because of Secure Act 2.0.  Prior to 2023, only pre-taxed contributions were allowed to be made to Simple IRA plans.