dmertz
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

Retirement tax questions

In 2024 TurboTax, there are separate boxes for the entry of the regular Roth 401(k) contribution ($23,000) and the Catch-up Roth 401(k) contribution ($7,500).  Still, your contributions are limited to net earnings from self-employment.  Net earnings are net profit minus the deductible portion of self-employment taxes.  Also, make sure that you have entered your birthdate correctly, with the year of birth being 1974 or earlier.

View solution in original post