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Must a 401k elective contribution from a partnership be shown on BOTH line 6a and 6b of the worksheet?

I currently show the deduction on line 6b of the worksheet, but the program keeps insisting that I need to put something on line 6a

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1 Best answer

Accepted Solutions
dmertz
Level 15

Must a 401k elective contribution from a partnership be shown on BOTH line 6a and 6b of the worksheet?

It only goes on line 6b.  However, TurboTax will flag line 6a as erroneous if the amount on line 6b is in excess of $18,500 if under age 50 or $24,500 if age 50 or over in 2018.

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2 Replies
dmertz
Level 15

Must a 401k elective contribution from a partnership be shown on BOTH line 6a and 6b of the worksheet?

It only goes on line 6b.  However, TurboTax will flag line 6a as erroneous if the amount on line 6b is in excess of $18,500 if under age 50 or $24,500 if age 50 or over in 2018.

Must a 401k elective contribution from a partnership be shown on BOTH line 6a and 6b of the worksheet?

So what is a valid solution? As a partner I can put away up to 57000 in a 401k but Turbo Tax has this inappropriate flag. I ended up claiming my "employer" matched me (57000 - 19500) in order to have Turbo Tax let me file, but this is not technically true . . .

 

Can this glitch be fixed?

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