Question
how to clear diagnostic for elective deferrals
My client had elective deferral contributions and designated ROTH contributions exceeding the 19,500 limit per the W2. ROTH never reduced taxable income but lacerte wants me to add as excess salary when it was paid with after tax money. I agree they over contributed but how do I input that the ROTH was the one that over contributed so I don't have to report this as excess salary in income?
