According to my w2, I contributed $33,655. That is made up of my $24,500 and my company matching. Turbotax tells me that I over contributed to my 401k
"Forms W-2 & W-2G Summary: Elective deferrals - TP $33655. is more than the allowed $24500 for a 401k plan. Please check your entries on your W2 and 401k plans."
According to Fidelity where my 401k is managed, The IRS allows for a maximum of $55,500 of total contributions to your 401k in 2018. I am well below this number.
Why is Turbotax complaining? What do I need to do to fix this?
Thanks,
Dale Ferrario
