turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Hesoukieh
New Member

Excess contribution to 403b plan

I found out that my previous employer didn’t limit the contribution to my 403b plan which resulted in excess contribution of $4000 in 2025, I was putting all my income for the first 2 months in 2025 in 403b plan but unfortunately the employer didn’t limit the contributions so it resulted in the $4000 excess contribution 

i left that employer in February 28 , 2025 and I am currently self employed 

I moved all the balance in my 403b account to my own SEP account with fidelity in April 2025

I haven’t filed taxed for 2025 yet

how to correct this excess and how to report it in TurboTax 

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question