My financial advisor agrees that you can contribute to a Solo 401K and Roth IRA, but I followed the link and the TurboTax program continues to indicate that I have excess contributions when I add a Roth IRA contribution to the Solo 401K contribution, and essentially deducts the Roth IRA contribution amount from the Solo 401K contribution and, accordingly, increases my tax liability. So I understand they are independent events with separate limits, but how do I make this work in TurboTax?
