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  • Re: I check "maximum contribution to Indiv. 401k" and Turbotax then calculates 64500 for me, but when I go through the federal check it says I'm limited to 19500. Why?
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Retirement tax questions

If you are referring to a SOLO 401K  then don't get the employee and the employer's  maximum allowed  contributions mixed up ...  https://www.fool.com/retirement/plans/solo-401k/contribution-limits/

 

You are asking from TT Live, for which you paid extra. Please contact a rep.
https://ttlc.intuit.com/questions/4124827-how-do-i-connect-with-a-tax-expert-in-turbotax-live

‎April 3, 2022 4:12 AM
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