Turbo Tax is insisting that the max contribution to a Roth IRA is $6000, but it should be $19,500. Help!

AV5779 · ‎February 2, 2021

macuser_22 · ‎February 2, 2021

A 401(k) Roth is NOT an IRA and nothing gets entered in the IRA contribution section.

Your employer should report the contribution in box 12 on your W-2 and nowhere else.

**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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macuser_22 · ‎February 2, 2021

A 401(k) Roth is NOT an IRA and nothing gets entered in the IRA contribution section.

Your employer should report the contribution in box 12 on your W-2 and nowhere else.

**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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Turbo Tax is insisting that the max contribution to a Roth IRA is $6000, but it should be $19,500. Help!

Turbo Tax is insisting that the max contribution to a Roth IRA is $6000, but it should be $19,500. Help!

Turbo Tax is insisting that the max contribution to a Roth IRA is $6000, but it should be $19,500. Help!