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Deductions & credits
** Does the “net profit schedule C” get reduced by:
Schedule 1 line 26 = Adjustments to income (SE health insurance, etc)
… in calculating the max contributions to SE retirement plans ?
** Does TurboTax Deluxe: Red Flag or prevent me from entering a contribution to SE retirement plans higher than “net profit schedule C” ??
… or is that asking too much of TurboTax ?
Many thanks for sharing your expertise over all your years at TurboTax !
Tom
March 31, 2023
9:50 AM