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Deductions & credits
Same issue. I used the code given to me by my employer AA - Roth contributions and Turbotax is assuming that contribution is a Roth IRA instead of the Roth 401k that it actually is. There is a $7000 limit for Roth IRA contributions (I'm over 50), but Roth 401k contributions is combined with regular 401k contributions to max out at $19,500.
‎February 12, 2021
6:31 AM