Question

Why does Smart Check keep flagging 401k Excess contributions ?

Forum|Forum|7 years ago
June 1, 2019
1 reply
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Why does smart check keep flagging my excess 401k contribution ? I did enter the excess amount under Less Common Income with the description "2018 Excess 401K Deferrals" ( per tt website suggestion on how to enter excess 401k contributions )

TurboTax Premier Windows

RachelW33

You have taken the right steps to include the amount of the excess deferral on your 2018 Tax Return.

At this point, you are running into an e-filing issue within TurboTax. An update to fix the issue is expected to be released around 4/5/2019. You can check out this TurboTax FAQ for more information: Excess 401(k) Contribution Preventing E-filing.

Be sure to sign up for updates to be alerted as soon as there is a solution. If you do not want to wait for an update, you have the option to paper file your tax returns as this is only an e-filing issue.

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