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Turbo tax is telling me that I went over the max allowed 401K contributions but its adding my contributions with my spouse's contribution.

I verified box 12b on both people are accurate
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2 Replies

Turbo tax is telling me that I went over the max allowed 401K contributions but its adding my contributions with my spouse's contribution.

@Jeremeykeidel 

 

Someone else had that problem too.

 

BUT...they went back and edited both W-2 forms...and the individual found they had indicated that both W-2 forms were for the same person.   

Once they properly selected which person was for which W-2...then the notice for excess contribution went away.

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*

Turbo tax is telling me that I went over the max allowed 401K contributions but its adding my contributions with my spouse's contribution.

When you add a W-2, there is a question, "who does this W-2 belong to" (self or spouse).  Make sure the W-2s are assigned to the correct spouse. 

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