topic Code AA indicates a contribution to a Roth 401(k). A Rot... in Retirement tax questions

Does number 12. AA on your W-2 represent how much your contributed to your Roth IRA?

william-duc-nguy — Sat, 01 Jun 2019 11:52:16 GMT

Yes, it is the amount contributed to your employer sponso...

Carl — Sat, 01 Jun 2019 11:52:18 GMT

Yes, it is the amount contributed to your employer sponsored ROTH 401(k) plan. That amount is taxable and is already included in box 1 of your W-2.

Code AA indicates a contribution to a Roth 401(k). A Rot...

dmertz — Sat, 01 Jun 2019 11:52:19 GMT

Code AA indicates a contribution to a Roth 401(k). A Roth 401(k) is not a Roth IRA. Do not enter anything reported in box 12 of your W-2 anywhere in TurboTax other than on TurboTax's W-2 form. Do not enter any of these amounts under Deductions and Credits as regular IRA contributions.

Re: Code AA indicates a contribution to a Roth 401(k). A Rot...

pebjan — Mon, 13 Apr 2020 17:35:02 GMT

What is the maximum $ amount that I can contribute to my company's Roth 401 K?

Re: Code AA indicates a contribution to a Roth 401(k). A Rot...

dmertz — Mon, 13 Apr 2020 21:42:03 GMT

The maximum Roth 401(k) contribution for 2019 was $19,000 plus, for those over age 50 in 2019, a $6,000 catch-up; it's too late to contribute for 2019 unless you are self-employed and before the end of 2019 you made the election to make the Roth contribution. For 2020 it's $19,500 plus a $6,500 catch-up.

Re: Code AA indicates a contribution to a Roth 401(k). A Rot...

sageRJ — Sun, 19 Feb 2023 01:29:03 GMT

Good thing I came here. Assuming people are going to know that a Roth IRA contribution is NOT the same as their Roth IRA contributions via their 401(k) is reckless and confusing.

Re: Code AA indicates a contribution to a Roth 401(k). A Rot...

dmertz — Sun, 19 Feb 2023 02:17:41 GMT

Roth contributions via the 401(k) are not Roth IRA contributions. They are Roth 401(k) contributions.

Re: Code AA indicates a contribution to a Roth 401(k). A Rot...

LCircuit — Mon, 03 Apr 2023 11:39:14 GMT

Is there an income limit (MFJT) on who can contribute to Roth 401K?

Re: Code AA indicates a contribution to a Roth 401(k). A Rot...

PattiF — Mon, 03 Apr 2023 12:01:25 GMT

No, there are no income limits to contribute to a Roth 401(k).

Please see the comparison chart in this IRS piece.

@LCircuit

Re: Code AA indicates a contribution to a Roth 401(k). A Rot...

dmertz — Mon, 03 Apr 2023 12:29:20 GMT

There is no income limit affecting eligibility to make contributions to employer-provided retirement plans.

https://www.irs.gov/retirement-plans/plan-participant-employee/retirement-topics-401k-and-profit-sharing-plan-contribution-limits

Enter amounts in box 12 of your W-2 only in box 12 of TurboTax's W-2 from, nowhere else in TurboTax. A 401(k) is not an IRA.

Re: Code AA indicates a contribution to a Roth 401(k). A Rot...

LCircuit — Sat, 08 Apr 2023 11:42:13 GMT

Thanks @PattiF , it (Roth 401K) has been most confusing for me recently since it is first time using it with my new employer, and Google was not much helpful getting anywhere.

Re: Code AA indicates a contribution to a Roth 401(k). A Rot...

juliaong — Tue, 28 Jan 2025 13:36:20 GMT

@dmertz Hello, I know this has been a while, but I'm hoping you can help. Turbotax thinks my box 12 amount is for a Roth IRA but it is a Roth 401k. So it is saying we over contributed, but we didn't, and now it won't let us file unless we enter our over-contribution amount in the deductions and credits area. Any ideas on what we should do?

Re: Code AA indicates a contribution to a Roth 401(k). A Rot...

RobertB4444 — Tue, 28 Jan 2025 16:07:22 GMT

What code is in box 12 with the amount? If it is not AA then the system would not recognize your contribution as a Roth 401K contribution.

@juliaong

Re: Code AA indicates a contribution to a Roth 401(k). A Rot...

juliaong — Tue, 28 Jan 2025 17:48:31 GMT

Thanks, @RobertB4444 Yes, it is AA. And I do not have the amounts anywhere in the deductions and credits part either, as that is a Roth IRA. I'm very confused. I decided to pay to have a turbotax person look into it. The first person I got on the phone couldn't help, so she said she would find someone and give me a call back.

Re: Code AA indicates a contribution to a Roth 401(k). A Rot...

Return1 — Fri, 28 Mar 2025 23:29:57 GMT

Did you get any new answers?