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Where do I add my traditional 457 contributions in? There is a number on my W2 Box 12b G but do I need to add it again?

 
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3 Replies
MinhT
Expert Alumni

Where do I add my traditional 457 contributions in? There is a number on my W2 Box 12b G but do I need to add it again?

Your contributions to your 457 plan have already been deducted from your taxable wages reported in box 1 of your form W-2. They are reported also in box 12.

You do not need to report them again in your return.

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duffym3
New Member

Where do I add my traditional 457 contributions in? There is a number on my W2 Box 12b G but do I need to add it again?

What if the pre-tax contributions to a 457 plan are not also reported in box 12? Then may they be deducted?
MinhT
Expert Alumni

Where do I add my traditional 457 contributions in? There is a number on my W2 Box 12b G but do I need to add it again?

Please check if taxable wages reported in box 1 of form W-2 is less than box 5 by the the amount of your contributions. If so, your contributions have already been excluded from taxation and you cannot deduct them again.
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