topic What is the 2023 Limit to contributing to both ROTH 401(k) and regular ROTH IRA? in Get your taxes done using TurboTax

What is the 2023 Limit to contributing to both ROTH 401(k) and regular ROTH IRA?

writermom3 — Tue, 10 Feb 2026 10:35:36 GMT

Turbo Tax says that I contributed too much in 2023 to my ROTH accounts. I have a workplace ROTH 401(k) as well as a regular ROTH IRA. I contributed a total of $6,800 in 2023 but TurboTax says I can only contribute $6,500. I thought I could contribute to both. I make less than $100k. What am I missing? Thanks!

Re: What is the 2023 Limit to contributing to both ROTH 401(k) and regular ROTH IRA?

SteamTrain — Wed, 28 Feb 2024 12:51:44 GMT

@writermom3

Here are the contribution limits:

Amount of Roth IRA Contributions That You Can Make For 2023 | Internal Revenue Service (irs.gov)

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But a caution:

When entering your ROTH IRA contributions on the Deductions&Credits page in the software, you DO NOT include your ROTH 401k contributions there. That area is only for specifically- labelled IRA or Roth IRA contributions. Your Roth 401k contributions are entered ONLY in box 12 where you enter your W-2 form...nowhere else.

i.e. a Roth 401k is NOT a Roth IRA

Re: What is the 2023 Limit to contributing to both ROTH 401(k) and regular ROTH IRA?

dmertz — Wed, 28 Feb 2024 14:01:05 GMT

A Roth 401(k) is not a Roth IRA. Enter amounts shown in box 12 of your W-2 only in box 12 of TurboTax's W-2 form, nowhere else in TurboTax. Under Deductions & Credits, enter only the amount that you contributed to a Roth IRA, not any amount contributed to the 401(k).

Re: What is the 2023 Limit to contributing to both ROTH 401(k) and regular ROTH IRA?

writermom3 — Wed, 28 Feb 2024 14:16:19 GMT

Thank you. Very helpful.

So I can clarify (maybe to help others in the future)...if you have a ROTH 401(k) you can contribute the maximum (based on age) and then also contribute the maximum of $6,500 (in my case of income and age) to a regular ROTH IRA. Does that sound correct?

Re: What is the 2023 Limit to contributing to both ROTH 401(k) and regular ROTH IRA?

dmertz — Wed, 28 Feb 2024 14:49:33 GMT

Correct.

Re: What is the 2023 Limit to contributing to both ROTH 401(k) and regular ROTH IRA?

writermom3 — Wed, 28 Feb 2024 15:09:58 GMT

Thank you!!