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Deductions & credits
Ok, thank you. So, since we each work for ourselves, it doesn't seem like a 401K is an option (I have ones from working at previous employers) - so did TurboTax get it wrong? Sounds like you are saying max we can contribute (we are over 50) is the SEP max, and maybe $7K for Traditional IRA. Wondering what the $6K "make up contribution" as well as the $19K was all about.
‎July 12, 2020
3:54 PM