Can I claim tax deduction salary as a conversion on my income ...

Question by missmissouricutie : Can I claim a tax deduction as salary conversion on my income taxes
I work for a private practice (as a therapist) and by the end of the year I will have paid a few thousand dollars in something called salary conversion. Can I write this off on my taxes?To clarify, the money is not converted to anything at all It is simply taken out of my paycheck and I never see it again. Best answer:

Answer by Jessica M
You do not say what the money was converted to? If it was set aside in a 401 (k) plan your taxable wages on your W2 will be less than your wages subject to SS So you will not pay tax on it because it was deferred. It is not a deduction.

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Source: http://www.lovefinanceinfo.com/2012/03/can-i-claim-tax-deduction-salary-as-a-conversion-on-my-income-taxes/?utm_source=rss&utm_medium=rss&utm_campaign=can-i-claim-tax-deduction-salary-as-a-conversion-on-my-income-taxes

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