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Get your taxes done using TurboTax
@guz1 wrote:
The W-2 is coded correctly. W-2 Box 12 E-Elective deferrals to 403(b). How can I find out if TurboTax generated IRS form 5330 since the error message says, "The maximum salary deferral retirement plans for 2024 is $33,500. Read IRS Publication 560 Retirement Plans for small businesses."
No acknowledgment of the deferral into a 403(b) at all even though the W-2 Box 12 has the correct code E-Elective deferrals to 403(b).
As @dmertz explained, "Turbotax does not support form 5330." That means it does not contain the form and can't prepare it even if it was needed. If you did need form 5330 with your tax return, you would need to use different software or see a tax preparer. If you need more proof than that, print your return before you file it and verify the form is not in your return.