8891 question
Moderator: Mark T Serbinski CA CPA
8891 question
I'm trying to figure out what to enter on line 9 of the 8891 (contributions to the plan during the year). Do we enter the total of all contributions, employee and the employer match? When I was filling out the info for this on Turbotax, I did not even get asked a question about contributions made, and wouldn't know where to enter this.
You were not asked because you are not supposed to supply that info.
Look at the line by line instructions. Line 8 tells you that if you elect to defer taxation, you stop there.
Look at the line by line instructions. Line 8 tells you that if you elect to defer taxation, you stop there.
After 20 years, I am severely cutting back on responses. Do not ask specifically for my help. There are a few others on this board that can answer most questions. All the best