Say eligible earned income is $10k, and $10k goes into a Roth 401k. Can an additional $5k go into a Roth IRA? Turbotax is allowing it but it seems wrong, although I can't find anything to indicate it is not allowed.
If the amount went into a ROTH 401K then that amount is still reported in box 1 of the W-2 form which means it is still taxable income and as such can be used for the ROTH IRA contribution as well ... weird as it may seem it is allowed... one of those legal loopholes.
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