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March 16, 2020
Question

Anyone else getting an error from turbo tax saying that the limited contribution to a 401k is $6,000?

  • March 16, 2020
  • 1 reply
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1 reply

March 16, 2020

It sounds like you may be entering the information in the IRA contribution section of your return.  

 

401k contributions would be reported on your W-2 if made through your employer.  They do not need to be entered anywhere else in your tax return.

 

If you are self-employed, search for 'self-employed retirement' to go to the correct section to enter your self-employed retirement contributions.

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