ihave a roth403k,which allow $23000 contribution,roth401k only allow $7000, turbo tax is not update on 403k,ineed help?

Forum|Forum|8 months ago
February 5, 2026
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Best answer by dmertz

Expert Reviewed

I'm not sure if you mean a Roth 403(b) or a Roth 401(k), but either way the account is not a Roth IRA. Enter amounts shown in box 12 of your W-2 only in box 12 of TurboTax's W-2 form, nowhere else in TurboTax. In particular, nothing about this is to be entered under Deductions & Credits. Remove the Roth IRA contribution that you entered.

dmertzAnswer

Level 15

Expert Reviewed

Opus 17

Level 15

A qualified workplace plan such as a 403b and 401k have a contribution limit of $23,000. It is unlikely that you have both a 401k and 403b since those plans are offered by different kinds of employers and I don't know of any employer that would offer both. You can only make contributions to a qualified workplace plan by payroll deduction -- no outside contributions allowed -- and all contributions are recorded on your W-2. You do not enter them again separately.

An IRA is NOT a 401k or 403b. IRAs are a different kind of plan covered by different IRS regulations. IRA contribution maximum is $7000 (or $8000 if over age 50) and you must enter your contributions manually.