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Level 1
posted Feb 13, 2020 12:15:38 PM

Is TurboTax incorrectly calculating the maximum employer contribution to an individual 401(k)? I'm getting a result that is about $3,000 lower than TurboTax.

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1 Replies
Expert Alumni
Feb 13, 2020 12:36:33 PM

Click this link for detailed info on Max Employer Contribution to 401k to see if it answers your question on calculations.