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Get your taxes done using TurboTax
If you have to reduce solo 401(k) contributions to be able to deduct the self-employed health insurance payments, you won't be able to use the Maximize function. You'll have to make manual entries for the 401(k) contributions, making sure not to exceed any of the amounts that you would be able to contribute if you were not claiming the self-employed health insurance deduction.
‎January 12, 2025
7:45 PM