My 401k contribution is shown on box 12 with an AA

fmallison — Sat, 01 Jun 2019 04:54:09 GMT

I should be able to deduct this

There are two types of 401(k) plans: traditional and Roth...

LindaA — Sat, 01 Jun 2019 04:54:10 GMT

There are two types of 401(k) plans: traditional and Roth. Contributions to a traditional 401(k) (indicated by code D in Box 12 of the W-2) are tax-deferred. The code AA shown in Box 12 of your W-2 indicates a contribution to a Roth 401(k). Unlike Traditional 401(k) contributions (which are pre-tax), Roth 401(k) contributions are included in income (i.e, not deductible).

For more information, please see IRS Retirement Plans FAQs for Designated Roth Accounts.

topic My 401k contribution is shown on box 12 with an AA in Retirement tax questions

My 401k contribution is shown on box 12 with an AA

There are two types of 401(k) plans: traditional and Roth...