@LARAF wrote:
Same problem for me. Single, Self -employed and it states my income is too hight to deduct the SEP IRA, but I am far from the max contribution of $61000
A SEP is not a Traditional or Roth IRA and does NOT get entered in the IRA contributions section at all. It is either only in box 12 on your W-2 or if self-employed in the self-employed retirement plans interview.
**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.**
