My Turbo tax return was rejected. It turned out that my contribution to
457b was $24500, which exceeds the normal allowance of $18500. I was
allowed to contribute $24500 as I am older (57 years old). The
Turbotax recognizes this as an error and keeps on rejecting to the
e-filing step. How do I fix this problem?
same issue with our tax. Smart Check is showing that my contribution of $24500 (I'm 53) is more that the $18500 allowed for a non-govenment 457(b) plan. This is not accurate. Correct the program (yes, I've updated the software today, 4/6/2019)
Same problem. Even worse, there is a provision that allows for even larger "catch-up" deductions within three years of retirement that permits even larger deductions. I'm eligible for 34,790 but the program is rejecting it.
