Turbotax 401k Joint contribution limit

MarkH57 — Mon, 09 Mar 2026 08:09:00 GMT

I have an employer sponsored 401k, my wife is unemployed, we file jointly, and are both over 50. I understand the 401k contribution limit is $14k/year (2021) in this case regardless if both spouses work or not. When I enter the contributions to the 401K as coming solely from me I'm limited to $7k. When I spread the contributions evenly between my wife and I, we're allowed the $14k limit.

As we are filing jointly, is spreading the contribution between us the the proper way to reflect the 401k contribution? Otherwise, how can raise the contribution ton the $14k limit?

The problem is not the deduction (that I don't qualify for) it's that TurboTax is telling me I've made excess contributions. I think I should be able to contribute up to $14k.

Re: Turbotax 401k Joint contribution limit

SweetieJean — Sun, 13 Mar 2022 18:49:05 GMT

I think you are confusing 401(k) plans with IRA's. You cannot add your wife to your 401(k). Are you asking about an Individual Retirement account (IRA)?

topic Turbotax 401k Joint contribution limit in Retirement tax questions

Turbotax 401k Joint contribution limit

Re: Turbotax 401k Joint contribution limit