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Turbo tax online doesn't recognize my maximum self-employment solo 401k contribution.
Turbo tax online shows that my contribution to the self-employment solo 401k can be as much as $30,500. But when I entered $30,000, it keeps saying that it cannot be more than $7000. I'm using TurboTax Preminum 2024.
Please advise.
‎February 25, 2025
1:28 PM