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401K Excess Contribution
I was 71 and still working in 2019. I contributed $3000 to my company's 401K (Box 12); line 12a of my W-2 has code D. TurboTax considers the $3000 an excess contribution because of my age but 401K fund says that the contribution is allowed because I'm still working and the amount is less than the limit. Whose right? If contribution is pre-tax how do I get TurboTax to treat it as such?
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‎April 20, 2020
1:40 PM