My deferral in 401K exceeded the max allowed by $29. Turbotax does not allow me to move forward. What can I do to move forward? Should I change the number to $18500?

ey_chen · ‎June 4, 2019

macuser_22 · ‎June 4, 2019

You should NOT change any W-2 information. The IRS gets a copy from the employer and what you report must match. In addition if the W-2 box 1 amount is less the the box 3 amount the difference must be accounted for in box 12 - if not, that could be a "red-flag" audit trigger.

TurboTax has released a FAQ on this issue - scheduled for 4/5/2019

Excess 401(k) Contribution Preventing e-File

https://ttlc.intuit.com/replies/7327357

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**

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My deferral in 401K exceeded the max allowed by $29. Turbotax does not allow me to move forward. What can I do to move forward? Should I change the number to $18500?