zippy24
Returning Member

Get your taxes done using TurboTax

1. Does this response mean that the 'Maximize Box' should never be used for Individual 401K?  

2. I'm having trouble figuring out what this 'Maximize Box' is used for.   When I enter my current contributions to individual 401k ( $8000 employer contribution, $7000 employee contribution) and then check it, my tax due goes way down.  

3.  How do I tell that these amounts saved pre-tax for retirement are not included in my tax calculations?