ThomasM125
Expert Alumni

Retirement tax questions

You may be able to contribute to a SEP plan and a traditional and/or ROTH IRA, dependent on income and contribution limits. TurboTax has a calculation tool that will allow you to determine what your maximum SEP contribution is. You will see this when you enter your business income and expenses, on the screen that says Let's gather your business info, and then Less Common Business Situations, and then Self-employed Retirement.  

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