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New Member
posted Jun 1, 2019 9:24:36 AM

Can I not file electronically if I have an excess 401K deferral? Turbotax won't let me proceed with filing even though I have done what they recommend I should do.

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6 Replies
Expert Alumni
Jun 1, 2019 9:24:38 AM

TurboTax is aware of the e-filing issue that you are having and is currently working on a solution. An update to fix the issue is expected to be released around 4/5/2019.  

Be sure to sign up for updates to be alerted as soon as there is a solution.  If you do not want to wait for an update, you have the option to paper file your tax returns as this is only an e-filing issue.

You can check out this recently added TurboTax FAQ for more information: Excess 401(k) Contribution Preventing E-filing.

New Member
Jun 1, 2019 9:24:40 AM

I was working on it this afternoon and couldn’t, was stuck in a loop even after following the instructions to report excess deferral as you’ve recommended. I saw somewhere else that this issue is to be resolved by 4/5/2019?

Expert Alumni
Jun 1, 2019 9:24:41 AM

I'm sorry, you are correct, I misunderstood the problem you were having.  See edited answer above.

New Member
Jun 1, 2019 9:24:43 AM

Unfortunately, looks like Turbo Tax has given up. Even after updating today, still get the same error. The FAQ above now says to paper-file if excess contribution is withheld.

New Member
Jun 1, 2019 9:24:43 AM

I know it sucks! Hate paper filing, thanks much TurboTax. I had already paid or else would have gone somewhere else, this is like the simplest of math problems out there!

New Member
Jun 1, 2019 9:24:45 AM

When is the online version will get updated?