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Profit sharing plan is not an option in "Any Retirment Contributions"
We have a S corp. We have a Profit Sharing Plan.
But when entering into Turbotax Business, Federal Taxes -> Deductions -> Any Retirement Contribuitions? page, there are only three options: SEP IRAs, SIMPLE IRA and 401(k), and 401(k) and other qualified plans.
There is not the option such as Profit Sharing Plan.
How to handle it?
Thank you
Yu Liu
Topics:
‎December 20, 2022
2:29 PM