My Roth 401k contributions for 2017 are 12252.24. which is below the 18,000 limit. Is there a reason it says I'm being fined for excess contributions?

 

Retirement tax questions

Keep in mind that the maximum contribution is an aggregate limit across all of your 401(k) plans. You cannot save $18,000 in a traditional 401(k) and another $18,000 in a Roth 401(k).

Retirement tax questions

#2:  You only enter those contributions as a part of your W-2 form.

If you re-entered the contributions as IRA/RothIRA Contributions on the Deductions&Credits page....you need to go take them out of there.  a 401k is NOT an IRA.  a ROTH 401k is NOT a ROTH IRA.
____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*

Retirement tax questions

Thanks yeah I think I've figured it out. For some reason I think it was entering the information from my W-2 as an IRA. Thanks for the help

Retirement tax questions

Solved in comments.

View solution in original post