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Retirement tax questions
@dmertz Wondering if you can help with a problem I'm having. I'm self-employed and have input Employee and Employer contributions for a Solo 401k. However, only the Employee contributions are being deducted from my income. The Employer contributions are not being deducted - they are having no effect on my taxes owed. Could there be a problem with the online software? Any suggestions for getting the Employer contributions to sync with Schedule C and be deducted?
‎April 17, 2021
5:46 PM