I'm using TurboTax Business, and it's asking about Retirement Plan Contributions (in the Deductions section).
I'm self employed, with a 1-person S-Corp. How/when/where would I enter the following types of contributions please:
- Roth 401(k)
- Voluntary after-tax 401(k) contribution (which was later converted in an in-plan conversion, but that's on the personal return)
I assume I don't enter this in deductions, because those are all salary deferral contributions as an individual—not the business—is that correct?
Note that I already contributed during calendar year 2021.
Note that I already completed the W2 and entered the information there. But I'm wondering if this needs to be on any federal returns like 1120-S please.
Thank you!
