marculiv
New Member

Roth 401k contribution for over 50

I understand that a sole proprietor may contribute up to 23000 to a Roth 401K with an additional 7500 catch up contribution for those over 50. When I try to enter an amount over 23000 in Home and Business in the "self employed retirement plans" section of "Business income and Expenses" the additional amount over 23000 up to a total of 30500 is not allowed.

How is this to be handled?

Thanks, Marcus