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After-tax money contributed to the 401(k) would only be entered in the section for determining any Retirement Savings Contributions Credit, but someone making after-tax contributions to a 401(k) probably doesn't qualify for that credit.
Although after-tax contributions to the traditional 401(k) account are different from elective deferrals, it's unlikely that your employer would accept an after-tax contribution made in 2023 as a contribution for 2022. Allowing that would make a mess of anti-discrimination testing.
To be clear, you do not get a deduction for after-tax contributions made to a 401(k).
Employee deferrals to an employer provided 401(k) retirement account can only be made on or before the last day of the calendar year, eg 12/31/2022 for tax year 2022.
Your deferrals are located on your W-2 in box 12 with a code of D.
After-tax money contributed to the 401(k) would only be entered in the section for determining any Retirement Savings Contributions Credit, but someone making after-tax contributions to a 401(k) probably doesn't qualify for that credit.
Although after-tax contributions to the traditional 401(k) account are different from elective deferrals, it's unlikely that your employer would accept an after-tax contribution made in 2023 as a contribution for 2022. Allowing that would make a mess of anti-discrimination testing.
To be clear, you do not get a deduction for after-tax contributions made to a 401(k).
Thanks! I actually was researching the subject on other sites and found exactly as you stated. Appreciate the response. Now I know why there's no place to enter it....
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