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Deductions & credits
In order to report pension plan information in TurboTax Online Premium, you must first indicate that you pay employees. This triggers the option to enter employee expenses, including pension plan costs.
- Open your return and go to Wages & Income >> Self-employment.
- Edit your business.
- Edit Business info to indication you pay W-2 employees.
- Under Expenses, click Add Expenses.
- Add: Employee Pension Plan & Employee pension plan startup costs
- Edit each topic and complete the related interview.
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‎February 10, 2025
6:59 AM