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tumbleweed75004
New Member

How do I enter my Self Employed Profit Sharing Keough contribution in Turbo Tax?

 
1 Best answer

Accepted Solutions
IreneS
Intuit Alumni

How do I enter my Self Employed Profit Sharing Keough contribution in Turbo Tax?

To enter contributions to your Self Employed Profit Sharing Keogh, please follow these steps:

  1. Click on Income and Expenses
  2. In the Other Business Situations section, click the Start/Revisit box next to Self-Employed Retirement Plans. 
  3. On the Self-Employed Retirement Plans screen, click No.
  4. On the screen, Keogh, SEP and SIMPLE Contributions, click Yes.
  5. Continue through the screens to indicate the type of retirement plan and the amount of contributions.



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1 Reply
IreneS
Intuit Alumni

How do I enter my Self Employed Profit Sharing Keough contribution in Turbo Tax?

To enter contributions to your Self Employed Profit Sharing Keogh, please follow these steps:

  1. Click on Income and Expenses
  2. In the Other Business Situations section, click the Start/Revisit box next to Self-Employed Retirement Plans. 
  3. On the Self-Employed Retirement Plans screen, click No.
  4. On the screen, Keogh, SEP and SIMPLE Contributions, click Yes.
  5. Continue through the screens to indicate the type of retirement plan and the amount of contributions.



**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
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