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Retirement tax questions
I'm over 50 yr old and have a solo IRA. I thought the max I can contribute is $62k for 2019. When I enter $19k for employee contrib and $6k for catchup and $37k for employer contrib, TurboTax enters $60,258 instead of $62k? I entered $61k for 2018 and TurboTax was fine with my numbers?
Thanks, John
‎July 11, 2020
9:04 AM