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401k contribution limit wrong in turbotax home and business 2023
Turbotax won't let me e-file because it thinks I'm over the $27000 limit for 401k. Keeps showing me an error and flagging line 6a on the worksheet for me to change my 401k contribution
This is an error, the contribution limit for 2023 is $30K (including catchup, I'm 55)
I talked to a turbotax agent on the phone and they advised I delete my K1 statement and re-enter it to fix the problem. Spent over an hour re-entering all the partnership data and deductions associated with the business and still flags the same problem
Anyone else having this problem?
I'm pretty sure this is a software bug. How do I reach someone who can fix the code to the appropriate limit?
March 18, 2024
12:04 AM