topic TurboTax Premier not calculating contribution limits to IRA correctly in Get your taxes done using TurboTax

TurboTax Premier not calculating contribution limits to IRA correctly

wmspdx — Mon, 23 Feb 2026 13:21:57 GMT

I have Premier (desktop) and the limit for my IRA contribution is being calculated by TurboTax incorrectly. I am over 50 (catch up) + employed in a 15-year rule qualifying school (Public Community College). How can I get Turbo Tax to provide the correct limit and not "flag" my contributions as being in excess?

Re: TurboTax Premier not calculating contribution limits to IRA correctly

dmertz — Sun, 05 Feb 2023 05:00:11 GMT

The plan in which you participate through the school is not an IRA, it is a 403(b) plan. Enter amounts shown in box 12 of your W-2 only in box 12 of TurboTax's W-2 form, nowhere else in TurboTax.

Note that if you've made a special catch-up contribution such that your total contributions to the 403(b) plan exceed $27,000, TurboTax will flag this as a potential error. Ignore this error message from TurboTax.

Re: TurboTax Premier not calculating contribution limits to IRA correctly

wmspdx — Sun, 05 Feb 2023 23:55:00 GMT

Thank you. Yes, you are correct, I meant 403b. And thanks for the advice. It's frustrating to have to ignore the flags, but glad to get the reassurance.