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got a similar question about the maximize SEP in TurboTax.

 

For my multi member llc, Turbotax business 2019 calculated my SEP contribution to be about 4,000 on K1.  When I do my personal tax on Turbotax home & business, it asked me if I want to maximum the contribution.  I choose "yes" and the SEP contribution became about 6,000.  So my business paid the 6,000 to my SEP IRA in 2020.  The difference is about 2,000.  How or where I should report the extra 2,000 in Turbotax business 2020 as the money went out in 2020?  Thanks!