Drake Tax - 1040: EF Message 5307
Article #: 11690
Last Updated: December 05, 2024
How to resolve EF Message 5307
The year field on Line 12 of the W-2 is for entry of the "prior year USERRA contribution" only.
If the entry, for example, is for a contribution the taxpayer made to a 401K in the current tax year, you need only enter the code (such as "D") and the amount of the contribution.
For more information, go to screen W2 > select the box 12 Year field > press your F1 key on your keyboard for field help.