Sole proprietor 401k matching funds

[bobs75093]

The federal review is requiring the limit to my 401k contribution to $18000 although I am 55 years old and can go as high as $24k? Why is this happening this year?

[dmertz · Accepted solution]

If you are explicitly entering amounts, TurboTax requires that you enter your $18,000 regular elective deferral and your $6,000 catch-up elective deferral separately in the corresponding box for each portion.  This has remained unchanged in TurboTax for many years.