I am an employee with an employer sponsored 401k plan. I am eligible to contribute the catch up amount of $6,000 in addition to the $18,000 but did not have it withheld during 2017. I would like to make an additional deposit into my account in 2018 for 2017. Can I do this and where would it be entered in turbo tax?
You'll need to sign in or create an account to connect with an expert.
The employer sponsored 401(k) plan is on a calendar year for contributions. Any contributions made after 12/31/2017 will be for tax year 2018 only.
The employer sponsored 401(k) plan is on a calendar year for contributions. Any contributions made after 12/31/2017 will be for tax year 2018 only.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
TomG6
New Member
Sachin Kunagalli
New Member
pixiedust-123
New Member
sandiwong
Returning Member
jifamily
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.