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

tumbleweed75004 · ‎June 3, 2019

IreneS · ‎June 3, 2019

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

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

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IreneS · ‎June 3, 2019

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

Click on Income and Expenses.
In the Other Business Situations section, click the Start/Revisit box next to Self-Employed Retirement Plans.
On the Self-Employed Retirement Plans screen, click No.
On the screen, Keogh, SEP and SIMPLE Contributions, click Yes.
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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