I should have mentioned this earlier. I am in Sacramento county and the tax filing deadline has been extended to 15th Oct (or 17th). I believe there is still time to make the contribution. My options are Solo 401k or SEP. My question is, is there still time to open Solo 401k account if my wife doesnt have one? I think the deadline has passed but just want to make sure.
So TurboTax saying my wife can still make a deferred Self-Employed Retirement Deduction may not be true since the software may be incorrectly assuming she has the Solo 401k account? We may still be able to contribute to SEP?
