topic My 5329_T from reads that I have excess contributions of $3,250. This is incorrect. How do I fix it? Total contributions (EE & ER) were $4,250 (I am 61) in Get your taxes done using TurboTax

My 5329_T from reads that I have excess contributions of $3,250. This is incorrect. How do I fix it? Total contributions (EE & ER) were $4,250 (I am 61)

heather-tucker — Sat, 12 Oct 2019 02:01:11 GMT

Re: My 5329_T from reads that I have excess contributions of $3,250. This is incorrect. How do I fix it? Total contributions (EE & ER) were $4,250 (I am 61)

macuser_22 — Sat, 12 Oct 2019 02:21:45 GMT

Excess contributions for what? What is "EE & ER"? What line on the 5329 is the excess on?

Re: My 5329_T from reads that I have excess contributions of $3,250. This is incorrect. How do I fix it? Total contributions (EE & ER) were $4,250 (I am 61)

dmertz — Sat, 12 Oct 2019 04:37:27 GMT

I assume that EE and ER is referring to employee and employer contributions to an employer-provided retirement plan such as a 401(k) plan, 403(b) plan or to a SIMPLE IRA. Form 5329 has nothing to do with such contributions.

Amounts in box 12 of your W-2, if any, are to be entered only in box 12 of TurboTax's W-2 form, nowhere else in TurboTax.

topic My 5329_T from reads that I have excess contributions of $3,250. This is incorrect. How do I fix it? Total contributions (EE &amp; ER) were $4,250 (I am 61) in Get your taxes done using TurboTax

My 5329_T from reads that I have excess contributions of $3,250. This is incorrect. How do I fix it? Total contributions (EE & ER) were $4,250 (I am 61)

Re: My 5329_T from reads that I have excess contributions of $3,250. This is incorrect. How do I fix it? Total contributions (EE & ER) were $4,250 (I am 61)

Re: My 5329_T from reads that I have excess contributions of $3,250. This is incorrect. How do I fix it? Total contributions (EE & ER) were $4,250 (I am 61)

topic My 5329_T from reads that I have excess contributions of $3,250. This is incorrect. How do I fix it? Total contributions (EE & ER) were $4,250 (I am 61) in Get your taxes done using TurboTax