7857
The following diagnostic is generating: The taxpayer's 403(b) contributions exceed the $23,500 limit. If the taxpayer does not qualify for the 15 years of service rule, the excess amount may need to be added to wages. Excess contributions can be entered in "Excess salary deferrals" (screen 14.1. code 26). If the taxpayer does qualify for the 15 years of service rule, check the "4031b) participant qualifying for the 15 years of service rule" box in the wages screen Refer to Form 1040 instructions and IRS Pub. 571 for more information. (ref. #7857)
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I'm a little confused if you are telling us something or asking us something since you really don't provide any information other than a code description.
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@william1 Thank you for being part of this Community and for posting your questions and concerns. We truly appreciate you being here. Please reach out to Lacerte Support for assistance, as they can best help with your specific situation. Thank you again for being part of the community.
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That is nice that Katie offered to help. I think Katie recognized that the original poster is new to LC (an assumption) and doesn't know why a diagnostic is posted here.


