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June 6, 2019
Question

Elective deferrals - SP $26400. is more than the allowed $24500 for a qualified plan. Please check your entries on your W2. I Checked and 26400 is on box 12. Any advice?

  • June 6, 2019
  • 1 reply
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1 reply

June 6, 2019

Hi Trowtwin- I had the same problem, and TTax wouldn't let me e-file. The TTax update that was available yesterday morning (4/12/19) fixed the problem and I was able to e-file successfully.

June 6, 2019
The amount in Box 12 (code E) greater than 24500 but correct. My employer confirmed that.