Solo401K. Is the employee deferral and the catch-up additive. do I enter $25000 for elective employee deferral or do I enter 19000? Software question not tax law

paul4168 · ‎January 24, 2020

MarilynG1 · ‎January 24, 2020

Enter Elective Deferrals as $19,000 and Catch-Up Contributions of $6,000 separately.

Type 'Solo 401K' in the Search area, then click on 'Jump to solo 401k'.

Continue to screen for Individual and Roth 401(k) plans (screenshot).

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MarilynG1 · ‎January 24, 2020

Enter Elective Deferrals as $19,000 and Catch-Up Contributions of $6,000 separately.

Type 'Solo 401K' in the Search area, then click on 'Jump to solo 401k'.

Continue to screen for Individual and Roth 401(k) plans (screenshot).

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