rb777
New Member

Retirement tax questions

>Did you enter your Roth 401(K) contributions as a Roth contribution in TurboTax?

No - the amount comes from my W-2, box 12, code AA

 

The problem isn't the amount of the total 401(k) contributions (under the threshold), it's that it the software is treating the workplace Roth contributions as "individual Roth" which has income limits, while plans that offer Roth in their 401K have no such income limits, per IRC 415(c), only contribution limits - and my Roth contribution is far under those limits.

 

And it's actually impossible to recharacterize a Roth contribution under a workplace plan

 

So do I simply delete the "Roth" contribution section from the software?