We pay into a 457 retirement account. Isn't this tax deductible?

posted

Connect with an expert

1 Reply

We pay into a 457 retirement account. Isn't this tax deductible?

Contributions to your 457(b) plan are reported on your Form W-2 in Box 12 with Code G. Because these contributions are pre-tax, you cannot deduct them on your tax return.

https://ttlc.intuit.com/replies/3300234

Still have questions?

Questions are answered within a few hours on average.

Post a Question

*Must create login to post