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    helpmewithtaxes's Avatar
    helpmewithtaxes Posts: 11, Reputation: 1
    New Member
    		  
    #1

    Mar 14, 2007, 06:51 PM
    401k and taxes
    Hi,

    If I am enrolled in my company 401k plan do I need to account that in my taxes. I am going to file the 1040NR form and I was wondering if I need to mention the 401k amount I invested in line 31 of 1040NR i.e "IRA deduction"

    Thanks...
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #2

    Mar 18, 2007, 05:32 PM
    No need to account for the 401K contribution. It is reported on the W-2.
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