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I have k-1 income and 401(k) contributions above the box 13 code R limit. How do I get the full deduction on line 28 of the 1040?
My partnership made the max $41,250 profit sharing contribution to my 401k. I added $13,750. TurboTax won’t let me add the $13,750 to box 13 because the $55k total exceeds the Code R limit. How do I get the full $55k to appear in line 28 of the 1040?
The voluntary contribution is noted in Box 20 with an AH code for “additional information” and an instruction to add to the amount in Box 13, Code R for Line 28 of the 1040. Turbo Tax won’t let me manually edit line 28.
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June 1, 2019
6:49 PM