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Business & farm
Hi:
I have a question on K-1 Line 13 Code R. My K-1 for Line 13 Code R shows contribution to Keogh on a pretax basis, but TT doesn't give me the option of choosing Defined Contribution. TT has the options of only Money Purchase, Defined Benefit, and Profit Sharing to choose from. Summary Plan Description of the employer defines Keogh as Defined Contribution, and the money is taken out from my paycheck. Also there is nothing in TT to report on AfterTax 401k plan contribution.
Thanks.
‎April 10, 2023
9:47 PM