2007-03-30 01:39:50 · 4 answers · asked by rattone11 1 in Business & Finance ➔ Taxes ➔ United States
The amount of your 403 (b) contribution is not included in Box 1 of your W2. The contributions were deducted before taxes were applied to your remaining wages, so you have already gotten a tax relief on those contributions.
This would not be reported on your 1040 and a 403(b) is a pension plan not an IRA
2007-03-30 02:11:27 · answer #1 · answered by Anonymous · 4⤊ 0⤋
No.
They come out of your paycheck "pre-tax". You have already received the tax benefit from the contribution.
2007-03-30 08:54:28 · answer #2 · answered by Wayne Z 7 · 4⤊ 0⤋
I have nothing to add except to say that I agree with the first two responders.
2007-03-30 09:41:43 · answer #3 · answered by Anonymous · 0⤊ 1⤋
NO!!!!!!!!!!!!!!!!!! ARE U STUPID OR SOMETHING????????
2007-04-02 21:53:06 · answer #4 · answered by Mike Jones 1 · 0⤊ 1⤋