For SEP plans, the max one can contribute for 2023 is either 66k or 25% of net income, whichever is less.
I contributed 26k to my SEP but it says I can still contrbute 27k.... I think it means all plans combined cause I am pretty sure I can't contribute another 27k to my SEP because my net income isn't high enough. How do I get Turbo Tax to figure out the exact amount I can only contribute to my SEP and nothing else (no 401k or roth, just the max for my SEP?). I think last year it was showing me exactly how much I have left to contribute to my SEP but this year its showing total for all plans.
I checked the "maxed out" option btw
