Nomanation
Returning Member

Deductions & credits

I am having this same issue and just posted separately. I know that I am allowed to contribute to my 401k but when I input my contribution it does not affect my tax due amount. This leads me to believe turbo tax is not deducting my contribution from my business income.

did you ever find a solution? I too am worried I may have to ditch tt and get an accountant. I also believe turbo tax has been miscalculating this for the last few years and I have overpaid my taxes by several grand a year as a result. Would love to know if anyone found if this was a glitch.