topic Should roth ira contributions be reported in the tax break sections if they were already filled out in the W-2 wages and earnings section? in Retirement tax questions

Should roth ira contributions be reported in the tax break sections if they were already filled out in the W-2 wages and earnings section?

spencer7schreier — Sat, 20 Jun 2020 21:04:38 GMT

Re: Should roth ira contributions be reported in the tax break sections if they were already fill...

SusanY1 — Sat, 20 Jun 2020 21:31:09 GMT

No, they should not be entered in a second time.

Re: Should roth ira contributions be reported in the tax break sections if they were already fill...

Critter — Sat, 20 Jun 2020 22:41:21 GMT

FYI ... the 401K or 403B ROTH contributions listed on the W-2 form are NOT the same thing as a ROTH IRA contribution ... so the 401K or 403B ROTH contributions listed on the W-2 box 12 using code AA or BB is NEVER entered in the ROTH IRA contribution section of the TT program .... although they share some of the same letters they are NOT the same animal.