2007-04-12 15:40:51 · 3 answers · asked by Mere Mortal 7 in Business & Finance ➔ Taxes ➔ United States
You don't have to do anything. It's your 401k contribution, and has already been taken out of your box 1 income that you'll report on the 1040EZ line 1
2007-04-13 02:55:41 · answer #1 · answered by Judy 7 · 0⤊ 0⤋
Good news and bad news. Depending on your AGI, you may be able to get a little of that back. SInce it is listed as "D" you will not be able to do a 1040 EZ, but you will have to complete a 1040 A. It is not much harder, especially if you are doing it electronically, but in order to get the credit for your contribution, you will have to fill out a 8880. You will more than likely get about 10 percent give or take back from it.
2007-04-12 16:06:18 · answer #2 · answered by Casper K 2 · 0⤊ 0⤋
A D in box 12 indicates the amount of your 401(k) contribution.
2007-04-12 15:54:19 · answer #3 · answered by Mark S 5 · 0⤊ 1⤋