SamS1
Expert Alumni

Retirement tax questions

Clear all you entries and start over.   If you had any self-employed retirement contributions (including SEP IRA, SIMPLE IRA, and Solo 401(k)), you can enter them under Other business situations in the Income & Expenses section.

Here's how:

  • At the top of the page, select Income & Expenses.
  • Select Other business situations.
  • Select Start or Revisit next to Self-Employed Retirement Plans.

As you continue through the screens, you should see a screen like this:

 

Enter your SEP contribution or maximize and TurboTax will do the calculation for you.