Where and how do I get credit for my 401K, student loan payments and my health insurance premiums??
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kellygullikson1q
New Member

Where and how do I get credit for my 401K, student loan payments and my health insurance premiums??

 
1 Reply
cameaf
Level 5

Where and how do I get credit for my 401K, student loan payments and my health insurance premiums??

If you contribute to your 401K from your paycheck and qualify for the retirement contribution credit, TurboTax will automatically generate Form 8880 and enter the retirement contribution for you.

https://ttlc.intuit.com/replies/3301263

To receive a deduction for student loan interest, you will need your Form 1098-E that was issued and can be entered using the directions found in this TurboTax FAQ link below:

https://ttlc.intuit.com/replies/4801974

Out of pocket health insurance premiums that you have paid out of pocket or health insurance premiums included in Box 1 of your W-2 can be deducted as an itemized deduction on Schedule A. To enter health insurance premiums into TurboTax:

  • Login to your TurboTax online account
  • Click Take me to my return or pick up where I left off
  • In the search box (located in the upper right hand corner), type in medical expenses
  • Click the jump to medical expenses link that appears in the search results
  • Continue with the onscreen instructions to complete entering your insurance premium information

https://ttlc.intuit.com/replies/3300166

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