Resolved:Keigh,SEP and Simple IRA contribution doubled on Summary Screen
Updated: 3/15/2013
Article ID: SLN68223
Some TurboTax users, when filling out the SIMPLE IRA contributions and taking the maximum allowable amount of 11500 (Under 50 years) or 14000 (over 50 years), were experiencing duplicates on the final summary screen.
The screen was incorrectly informing the user that they've over-contributed to their SIMPLE IRA when they had not
This was due to doubling the amount that was contributed on the "Summary Screen".
This was only a display issue on the summary screen and did not affect the calculation of the return.
Solution:
This issue has been resolved in a TurboTax update that was released on 3/14/2013.
For assistance with updating TurboTax please refer to the How to Update TurboTax support article.