dmertz
Level 15

Retirement tax questions

@juliaong , I'll reiterate even though you say that you did not enter the amount elsewhere.  Amounts reported in box 12 of your W-2 are to be entered only in box 12 of TurboTax's W-2 form, nowhere else in TurboTax.  Remove the Roth IRA contribution entry that you made under Deductions & Credits.  Nothing reported in box 12 of your W-2 is a Roth IRA contribution.  A 401(k) is not an IRA.  This applies if TurboTax is reporting an excess IRA contribution.

 

Note, however, if you made an excess Roth 401(k) contribution (more than the elective-deferral limit) that's a different problem and an actual excess contribution that would need to be corrected.