JohnB5677
Expert Alumni

Deductions & credits

No, it looks like you entered a retirement contribution in both your company, and as a personal contribution.

 

  • If you contributed to a Traditional IRA it probably was a personal contribution, and should be posted under Deductions & Credits.
  • The Self-Employed contribution would be for a Qualified Retirement Plan.
    • This would not be a Traditional IRA.

To get back to the self-employed contribution:

 

 As an alternative you can go to the main menu.

 

            

 

  1. Select Tax Tools
  2. On the drop-down select Tools
  3. There will be 4 green boxes
  4. Select Topics Search
  5. Type SEP IRA (Use this to get back to your entry screen)
  6. You'll see Self-Employed Retirement Plans, click Yes.
  7. Continue the interview and remove the self-employed contribution.

 

Please contact us again with any additional questions.

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