After tax Roth 401k contribution

Forum|Forum|2 years ago
June 24, 2023
1 reply
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I have a solo 401k. For the 2022 tax year, I plan on making the maximum employee contribution and make up as well as the maximum employer contribution. I want to make an additional after-tax Roth 401k contribution up to the 2022 limit of $67,500. Can some tell me where I report this additional after-tax Roth 401k contribution in TurboTax?

TurboTax Home & Biz Windows

TylerH_EA

Hello @Clifford4 ,

When you open your 2022 Tax Return in the Home & Business desktop software:

1. Click on the Business tab.
2. Press Continue

3. Then, click on I'll choose what I work on

4. Scroll down to the Less Common Business Situations section
5. Next, where you see Self-employed Retirement, click on Start. (If you previously navigated to that section, click Update).

6. Then, select Yes

7. Finally, you will see the boxes to enter your Roth 401(k) contribution.

Warm regards,Tyler H.Enrolled Agent (EA)**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"