i checked my form 1040 and the $23,000 was already subtracted from outside employer W-2 salary.
I think the $69,000 maximum is related to the self employed maximum?
I have now removed any self employed 401K contribution and it now says that I have to contribute $62,731 to the SEP-IRA. I am not sure how they got to this number bc 25% of $201,354 is $50,388?
