Hello,
For Tax Year 2025
I have excess IRA contributions that I am in the process of reversing. However, Turbo Tax is also including my 457b ROTH contribution to the Excess IRA contribution. I understand that 457b contributions have a separate limit that is separate from the IRA limit through employer of $23500.
How can I get Turbo Tax to reflect the correct amount of Excess Contribution in the form.
In the meantime, I am also working reversing that Excess Contribution (+ Earnings). I will then add the Earnings to my Income for the tax year 2025.
Thanks for all feedback