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A Few Questions: Prior Year SEP Contribution and How To Import Last Year's Taxes
Dear TurboTax:
1) I contributed to my SEP for 2024 in 2023. I don't see a place to put that in Turbo T. I usually file an extension and pay the max amount by October, which is what I plan to do this year. My assumption is that I put 0 when it asks what I have contributed for 2024 in the prompts because there is not a place in the prompts for the 2023 contributions. Correct?
2) I have two single member LLC's so 2 schedule C's. In my past return that someone did for me, I noticed that there were pages in the return with a year to year comparison (prior year and current tax year). How do I download my past year's return that I did not create on TurboTax and I am assuming that TurboTax does whatever is needed for that automatically. I have the past tax year as a PDF document. Where in the system and how do I put that information in so that it calculates properly. Is there really a need for last year's info in TurboTax? Are these pages necessary?
We are Online and the Type of TurboTax Product Says Premium 2024, which did not match the dropdown selections
3) How do I calculate my estimated taxes for the coming year and where are the prompts for that in TurboTax?