turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Energy02
New Member

30% contribution double up

I’m using my 2024 TurboTax pro.  I have current year cash contributions, current year 30% contributions and carryover 30% contributions. My cash contributions are less than 50% allowing 30% to be taken. The total should not exceed 50%.  However the program is allowing me the current year 30% equal to the difference between cash and 50% (remainder carrying over to 2025). That is correct. But it is also allowing carryover from 2023 of 30% equal to the same amount. The combination of the 3 exceeding 50%. That is not correct. 

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question