I have a traditional 401k through my employer. I also have a rollover 401k IRA from my past employer.
Due to negligence, I missed on contributing the entire $23500 to my employer’s 401k plan. As a mitigation effort, will me contributing to the rollover 401k by 12/31/25 help in achieving overall tax deduction in the 2025 filing? If so, how would I report this in Intuit when filing the return on TurboTax?
