topic Turbo tax is telling me my max contribution to my traditional 401k is $5500. IRS says max is $18,500. I contributed $7,200 and some change in an employer sponsored traditional 401k. Why is Turbotax sa in Retirement tax questions

Turbo tax is telling me my max contribution to my traditional 401k is $5500. IRS says max is $18,500. I contributed $7,200 and some change in an employer sponsored traditional 401k. Why is Turbotax sa

bnjmn_hammer — Mon, 03 Jun 2019 19:14:12 GMT

dmertz — Mon, 03 Jun 2019 19:14:14 GMT

Enter items in box 12 of your W-2 only in box 12 of TurboTax's W-2 form, nowhere else in TurboTax. A 401(k) is not an IRA.