dmertz
Level 15
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Retirement tax questions

Yes, I agree with your calculations.  (TurboTax rounds things to the nearest dollar, so it comes up with $1,930 for the employer contribution.)

 

Where TurboTax tells you that you can defer a maximum of $24,429, that refers to the employee contribution, the Roth contributions in your case.  The $1,930 of traditional employer contribution is what you are permitted in addition to the employee deferral, so your entries are correct.

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