rdavia
New Member

Retirement tax questions

Looks like an error in the TurboTax Deluxe 2020 product. Software says my calculated Tier 1 amount is $8,190.89, but by law it is $8537.40.  Should be 6.2% of wages. Product says that I cannot file my taxes until I get a new W-2 with lower Tier 1 contribution.