I would recommend deleting the W2, check the 401K deduction in TurboTax, then proceed with re-entering it manually. Do not do the import. The $34,000 was not a 401K withdrawal on a 1099R? After you have logged in and are in your return in TurboTax Online:
- Go to Search at the top of the screen.
- Enter Form W-2 in the search box.
- You will see a Jump To function that will take you to the W-2 input screens.
- There delete the W-2 in question by clicking on the trash can next to the form
- Then add a new W-2 and manually enter your W2.
At the W-2 Import screens, click "Change how I enter my form" then "Type it myself"
We don't have specific information on the income qualifications or procedures for the third stimulus payment because the measure hasn't been passed yet. However, If you had issues receiving your earlier stimulus, then the best way to ensure that you are one of the first to receive any future stimulus payments is to file your 2020 tax return as early as possible and use direct deposit so that the IRS will have your updated information.
You can find the most up to date information from the IRS here, and updates from TurboTax here as they develop.
