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January 19, 2021
Question

My FLI contribution is 92 and my SDI contribution is 150, but the system only allows 29 and 60 respectively. It appears the system is not updated for 2020 maximums.

  • January 19, 2021
  • 2 replies
  • 0 views
2019 max was 29 for FLI and 60 for SDI, but now is 216 and 351, respectively.  Please advise, and the system doesn't allow me to proceed with amounts higher than 29 and 60.

2 replies

SteamTrain
Employee
January 19, 2021

You'll have to come back and go thru the form again after the NJ forms are updated to include the higher amounts allowed for 2020.....right now they are using 2019 values...but the NJ forms aren't expected to be final/updated until 28 January....could even be later.  Since the IRS isn't expecting to start until 12 Feb, you have time and shouldn't attempt to file until after that date anyhow.

 

https://ttlc.intuit.com/community/forms/help/state-forms-availability-table-for-turbotax-individual-personal-tax-products/00/26227

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
SteamTrain
Employee
January 21, 2021
____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*