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According to IRS Pub. 560 - Retirement Plans for Small Business:
Sole proprietors deduct contributions for themselves on Schedule 1, line 15 of Form 1040.
To do this in TurboTax Home & Business, please follow these steps:
In TurboTax Self-Employed (online)
.
Contributions you make for your employees are deducted on Schedule C.
You can enter them as employee pension plan expenses in TurboTax using these steps:
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