Re: 401k elective deferral for 2022

JD1001 · Jan 24, 2023 10:02:31 AM

<P>How do you notify TurboTax that one of their 2022 forms is incorrect? The 401k elective deferral for 2022 is $20,500. TurboTax's form for detail of maximum allowable deduction calculation line 9 inputs $19,500 (the 2021 limit). </P>

Tax_right

Level 1

Excess 401k contribution in 2024 - Does W2 needs to be corrected

in Get your taxes done using TurboTax

detorhawaii

New Member

Individual 401k contribution is maximizing the elective deferral even though I unchecked the maximum contribution box and entered a reduced elective deferral.

in Retirement tax questions

Delal

Level 2

Regular and Roth Individual 401K contribution amounts

in Retirement tax questions

EricR

Level 1

self employed Individual 401K Roth Contributions

in Retirement tax questions

djnicolson

Returning Member

"Allowable elective deferrals" on Keogh, SEP and SIMPLE Contribution Worksheet

in Retirement tax questions

Expert does your taxes

Do it yourself

Resources

Support

401k elective deferral for 2022

401k elective deferral for 2022

Unlock tailored help options in your account.

Get more help

Do you have a TurboTax Online account?

401k elective deferral for 2022

Do you have an Intuit account?

401k elective deferral for 2022

Unlock tailored help options in your account.

Get more help

Related Content

Thank you for helping us improve the TurboTax Community!

Sign in to Turbotax

File your taxes, your way

Access additional help, including our tax experts

Post your question

Connect with an expert