My wife's retirement contribution is calculated incorrectly.
Here to total income for 2024 was $35791 of which she contributed $3298 to a 401K and $1564 to a ROTH IRA.
However Turbotax says "all contributions from Betsy's W2" is $33798. This is clearly incorrect.
How can I fix it?
You might need to check her W-2 entry:
Looks like it added a "3" and changed the 2 to a 7 for 3298 and made it 33798 in W2 box 12. Did you import the W2? That can import wrong. Delete the W2 and enter it again Manually. That usually fixes it.
Thank you so much!
I deleted the import and input the data manually and the problem was solved.
🙂
I tried it but it didn't work.
I ended up deleting the import data and putting it in manually, which solved the problem.
It's still not fixed.
I deleted the W2 and re-entered it manually. Twice.
It still calculates it wrong.
Perhaps Intuit can help fix it?
I would like to take a deeper look at this. However, I need a diagnostic file which is a copy of your tax return that has all of your personal information removed. You can send one to us by following the directions below:
TurboTax Online:
TurboTax Desktop/Download Versions:
*(If using a MAC, go to the menu at the top of the screen, select Help, then, “Send Tax File to Agent”)