Solved
I am doing a 3 year catchup on my IRA though my work. I am contributing more the the allowed amount. How do i enter this on my taxes to avoid the 6% penalty
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The employer's retirement plan is not an IRA. The type of plan that allows a special 3-year catchup is a 457(b). Enter amounts shown in box 12 of your W-2 only in box 12 of TurboTax's W-2 form, nowhere else in TurboTax. Remove the erroneous IRA contribution that you entered,
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