the4boys
New Member

Get your taxes done using TurboTax

Turbo Tax has an error in the program.  In 2020, you were allowed $3550 (Plus $1000 catch-up possible) so if you maxed out your contribution at $3550, you will get a message that you either withdraw $50 or you will pay tax on it.  I assume Turbotax will fix this error in an update.

 

Also,  the limit for 2021 was announced an it is $3600 (Plus $1000 catch-up possible).