You'll need to sign in or create an account to connect with an expert.
You have mistakenly entered the contributions to the Roth account at your employer as Roth IRA contributions. The Roth account with your employer is not a Roth IRA. Go back to Deductions & Credits -> Retirement and Investments -> Traditional and Roth IRA contributions section of TurboTax and remove the contribution entry you made there. Amount reported in box 12 of your W-2 are to be entered only in bx 12 of TurboTax's W-2 form, nowhere else in TurboTax.
You have mistakenly entered the contributions to the Roth account at your employer as Roth IRA contributions. The Roth account with your employer is not a Roth IRA. Go back to Deductions & Credits -> Retirement and Investments -> Traditional and Roth IRA contributions section of TurboTax and remove the contribution entry you made there. Amount reported in box 12 of your W-2 are to be entered only in bx 12 of TurboTax's W-2 form, nowhere else in TurboTax.
Thanks, that's exactly what I did wrong.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
htb14
Returning Member
hynrel53
New Member
bethfly
New Member
turbobruce0524
New Member
helloTT102
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.