topic 401K contribution in Retirement tax questions

401K contribution

pizza ian — Wed, 11 Feb 2026 08:52:51 GMT

I am filing a married joint return, we are both over 50 & out combined 401k contribution is $51,594 in 2023. Turbo tax is sayin this is over by $21,594. Why? I thought $30K was the limit per individual?

Re: 401K contribution

dmertz — Sun, 07 Apr 2024 16:51:49 GMT

Somehow you've indicated that the entire $51,594 was contributed to only one individual's 401(k). When entering Forms 1099-R, make sure that, on the page that asks, you have indicated the correct individual to whom the W-2 being entered was issued.

Re: 401K contribution

pizza ian — Sun, 07 Apr 2024 18:16:57 GMT

Perfect! TY.