jp333
New Member

Retirement tax questions

This is not correct for 2024 taxes. if you enter an amount turbotax simply asks you if you overcontributed. It does not calculate what your contribution limit is. This is very frustrating because Turbotax has all your info. It seems like Turbotax should inform you AFTER preparing your taxes (but before actually fillinig) what your contribution limit is, and at that time allow you to contribute and adjust your taxes. At that point Turbotax has enough info to tell you what your contribution limit is and you can make the decision.