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

[dmertz · Accepted solution]

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.

[Opus 17]

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.