☰
✕
Sign In

Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Feb 23, 2022 7:02:46 PM

What are considered "contributions" to my traditional and Roth IRA?

I have switched from contribution to a regular 401k to a Roth. I have transactions for 401(k) Deferrals, Employer Match, Profit Sharing, Rollover Account, Roth 401(k) Account, Roth Rollover Account - which of these are considered contributions?

0 1 385
1 Replies
Expert Alumni
Feb 23, 2022 8:01:58 PM

Contributions are the money you deposited into your traditional or Roth IRA account in 2021 or plan to deposit before the tax due date. It doesn't include rollovers or deductions from your paychecks to 401(k) plan (regular or Roth).