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Solo401K-Calculation in TT and Catch-up
I enter my solo-401K and I do not see it reduce my tax burden after it is entered.
does it only process after I complete my entire tax?
secondly with catchups; say I contributed 19000 and an additional 6000 in catchup.
do I enter 25000 in employee deferrals? or o I enter 19000 and 6000?
My issue is with the turbotax and entering the information and not with the tax law.
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‎January 22, 2020
3:21 PM