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.

tracibug
New Member

When I upload my w2 does it fill in my 401k deductions?

 
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.

3 Replies

When I upload my w2 does it fill in my 401k deductions?

It should...but you must always Edit your W-2 after importing to check each and every box against what is on your paper W-2 form.

 

IF uploaded/imported from the employer's W-2 import site...it's usually correct.

 

If "uploaded" from a PDF or Picture...the data can commonly be messed up all sorts of ways.....$$ in wrong boxes, wrong box 12 or box 14 codes...sometimes better to enter the data manually

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*

When I upload my w2 does it fill in my 401k deductions?

If you import your W-2 then all of the data on it should go into the software, including the 401k information.  But be careful when you import the W-2.   You still need to check and make sure for yourself that all of it is correct.  Compare the information that entered into the software with the actual W-2.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
JulieS
Expert Alumni

When I upload my w2 does it fill in my 401k deductions?

Yes, your 401K contributions will show in box 12, with a code D if it is a traditional 401K. If your upload worked correctly, you shouldn't need to do anything else, but please do check before filing. 

 

If you have a different type of retirement plan, the amount will still be in box 12, but you may have code E, F, G, H, AA, BB, or EE. 

**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