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SOLO for small business / an error in TTax SW?
In Turbotax in 2019, I contributed $6K as employee and $6K as employer to SOLO. On the TTax Summary it showed up as $12K.
In Turbotax 2020, I specified $4K as employer and the TTax suggested max of about $13K as employee to SOLO. BUT! On the Summary Turbotax only showed the $13K NOT the total of $17K (like it did in 2019)
This seems like a BUG!
Why is it different?
‎December 29, 2020
7:28 PM