turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

On form 8880 lines 1 & 2 have the exact same amount, $1,896. Have I entered something incorrectly?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
DanaB27
Expert Alumni

On form 8880 lines 1 & 2 have the exact same amount, $1,896. Have I entered something incorrectly?

It depends, line 1 on  Form 8880 are contributions to a traditional IRA, Roth IRA or ABLE account. Line 2 are contribution to work retirement plans.

 

Did you make contributions to an IRA and a work retirement plan (see W-2 box 12)? 

 

Please note if you made contribution to a retirement plan at work then do not enter this in the IRA contribution section. All you need to do is enter your W-2. Delete the IRA contribution entry if necessary.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question