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Business & farm
Yes, you can calculate your maximum 401-K contribution for Self-Employed in TurboTax.
Go to:
- Wages & Income
- Scroll to Other Business Situations
- Select Self-Employment Retirement plans
- Continue through the interview to Individual and Roth 401(k) Plans
- Check the box for Maximum Contribution to Individual 401(k)
I'm not sure what you're referring to about self-employment tax.
If this does not completely answer your question, please contact us again and provide some additional details.
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‎February 16, 2023
8:54 AM