topic Re: IRA contributions in Get your taxes done using TurboTax

IRA contributions

Winkels5 — Mon, 09 Mar 2026 05:08:25 GMT

If my W-2 has my deffered IRA amount will it automatically update in the deductions category on TurboTax? I contributed but in the deductions/ credits it does not have what I contributed and I would not like to double dip.

Re: IRA contributions

VolvoGirl — Wed, 23 Feb 2022 20:52:47 GMT

What box is it on the W2? That is probably a 401K plan not a IRA. You only enter it from the W2. It comes out of your pay pretax and was already deducted from the wages in box 1. So you can't deduct it again.

Re: IRA contributions

Winkels5 — Wed, 23 Feb 2022 20:56:03 GMT

Box 12-D

I was thinking what you are saying is correct but also wanted to make sure I'm doing it correct and getting credit.

Re: IRA contributions

VolvoGirl — Wed, 23 Feb 2022 21:01:15 GMT

Yep, 12D is a 401K plan not an IRA. You have to know what you have. Especially in the future when you take it out or roll it over to another plan.