Questions & Answers

Can I include 401K contributions as IRA contributions?

401K contributions and other retirement contributions shown on your W-2 in Box 12 should not be entered as IRA contributions. The 401K and retirement contributions shown on your W-2 in Box 12 have already reduced your W-2 wages and should not be entered again as an IRA contribution.

Let's Get Started

© 2002-2019 FreeTaxUSA, a TaxHawk, Inc. owned and operated website - Terms of Use | Privacy Statement