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Is the money on the W-2 indicated by (D)should that be put on the line that states contributions to an IRA or no. If so, Why wouldn't it populate automatically?

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I am trying to determine if the amount indicated as (D) on the W-2 constitutes as an amount that goes on the IRA summary as contributions to an IRA or not which will bring down the tax owed, or is this not considered an IRA?

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Level 15

No

D= elective deferral.  It's reflected in the difference between Box 1 & 3.

Former Chump... umm.... AllStar.
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Level 15
I just have to ask - what software are you using?
ex-AllStar, ex-Lutefisk taste taster, ex-ACME product tester
and ex marks the spot where those rocks and anvils hit me.
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Pro Series Basic
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Level 15
Thanks!
ex-AllStar, ex-Lutefisk taste taster, ex-ACME product tester
and ex marks the spot where those rocks and anvils hit me.
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Level 15

No

D= elective deferral.  It's reflected in the difference between Box 1 & 3.

Former Chump... umm.... AllStar.
If a post answers your question, click on *Accept as solution* for future searches

View solution in original post

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Thank you.

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Level 15
Level 15

You only enter the W2 as its shown, you don't enter those figures anywhere else on the return.


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
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Thank you.

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Level 10

No, employers don't have IRAs.

** I'm still a champion... of the world! Even without The Lounge.
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