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New Member
posted Jan 26, 2020 11:39:19 AM

TurboTax says that I am $1 over 401k limit even though I'm not

I have 2 W-2s, from which the 401k contributions total exactly 19000. However turbotax thinks I contributed 19001. (Maybe due to a rounding error? The contributions each end in .50) Is there any way to fix this issue?

0 2 504
2 Replies
Level 15
Jan 26, 2020 12:41:30 PM

probably...make one of them xxxxxxxxxxx.49 in box 12

 

Not sure what else you can do.

..Maybe someone else has a better idea that will work.

Level 15
Jan 26, 2020 3:53:54 PM

That's the only solution.