topic ihave a roth403k,which allow $23000 contribution,roth401k only allow $7000, turbo tax is not update on 403k,ineed help? in Retirement tax questions

ihave a roth403k,which allow $23000 contribution,roth401k only allow $7000, turbo tax is not update on 403k,ineed help?

bancroft1949 — Thu, 05 Feb 2026 11:46:13 GMT

Re: ihave a roth403k,which allow $23000 contribution,roth401k only allow $7000, turbo tax is not update on 403k,ineed help?

dmertz — Thu, 05 Feb 2026 13:10:26 GMT

I'm not sure if you mean a Roth 403(b) or a Roth 401(k), but either way the account 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. In particular, nothing about this is to be entered under Deductions & Credits. Remove the Roth IRA contribution that you entered.

Re: ihave a roth403k,which allow $23000 contribution,roth401k only allow $7000, turbo tax is not update on 403k,ineed help?

Opus 17 — Thu, 05 Feb 2026 13:36:05 GMT

A qualified workplace plan such as a 403b and 401k have a contribution limit of $23,000. It is unlikely that you have both a 401k and 403b since those plans are offered by different kinds of employers and I don't know of any employer that would offer both. You can only make contributions to a qualified workplace plan by payroll deduction -- no outside contributions allowed -- and all contributions are recorded on your W-2. You do not enter them again separately.

An IRA is NOT a 401k or 403b. IRAs are a different kind of plan covered by different IRS regulations. IRA contribution maximum is $7000 (or $8000 if over age 50) and you must enter your contributions manually.