Skip to main content
April 13, 2025
Question

I thought traditional IRA and Roth IRA contributions were on my W2 - do I need to enter them separately in this deductions and credits section?

  • April 13, 2025
  • 1 reply
  • 0 views
No text available

    1 reply

    April 13, 2025

    I think perhaps you are confusing a 401(k) with an IRA.  Also, Roth plans are post-tax, so there is no deduction for them. 

     

    If you contributed to a Roth 401(k) or a traditional 401(k) through your workplace, you should not enter that information in the IRA section.  The contributions would have already been properly accounted for in your W-2.

     

    Here is some more information you may find helpful: IRA vs 401(k): Which Should I Invest in First?