w4 Worksheet and 401k Contributions

[crosby1]

Hello,

A question about filling out the form W4 worksheet: Do contributions to a 401k come into the calculation at all?

Is it considered an "adjustment to income" and entered on Line 4?

Thank you.

 

[ColinCPA]

No. The 401k contributions are already taken out of your taxable wage amount. This line would include adjustments you would report separately on your Federal return, like a self-employed health insurance deduction for instance, but not 401k contributions.