gileses1
Returning Member

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.