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Retirement tax questions
Thank you. I appreciate your response. Yes, I know the contribution is the same but the rules are different and I am concerned that my return will show a contributioon to a SEP as opposed to what I actually have, an individual 401 K. And since both are listed and it shows the contribution to the SEP but nothing to the 401 k I was concerned. I don't really want to start out with the wrong information in the return. Do you know if there is any way to change it? And why it is showing up in a SEP when I never chose one? I am still baffled as to why it shows up when I don't enter any data into the contributions screen and why it doubles the contribution when I do enter data into the employer contribution box. Thanks again.
March 30, 2022
6:58 AM