topic 401 K Catch up contribution in Get your taxes done using TurboTax

401 K Catch up contribution

Bookkeeping Plus — Thu, 13 Feb 2025 00:26:04 GMT

Hello-

Where on Turbo Tax do you enter your catch up contribution?

It is listed on the w/2 in box 14. But again where do you enter the amount in Turbo Tax?

Thank you!

Re: 401 K Catch up contribution

MaryK4 — Thu, 13 Feb 2025 00:29:57 GMT

You do not have to enter the catch up contribution separately in TurboTax, it looks at the total maximum($30,500) and your age as indicated in the Personal Info section to determine if you overcontributed.

Re: 401 K Catch up contribution

dmertz — Thu, 13 Feb 2025 03:32:33 GMT

This amount should already be present in the total reported with code D or code AA in box 12 of your W-2. Enter the items from boxes 12 and 14 only in boxes 12 and 14 of TurboTax's W-2 form, nowhere else in TurboTax.