Retirement tax questions


@stuart13 wrote:

I am having the same problem trying to get TT to recognize that I am not covered by an employer retirement plan.  I am a  part time W-2 employee and I have a SEP associated with my sole proprietorship.  I don't get a screen asking if I am covered by an employer plan in the retirement section, I deleted my W-2 and removed my SEP contribution and I still get the message that my income is too high to contribute to a IRA while being covered by a retirement plan at work.  Thanks in advance for any insight you may have.


A SEP *is* an employee retirement plan.    (Simplified Employee Pension Plan -SEP)

 

 

 

 

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**