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Retirement tax questions
First, thanks for replying.
I have a single member LLC (pass-through for tax purposes). I set up a cash balance plan through the LLC and contributed money to it (let's say $100,000 for simplicity). I have not been able to find a way to enter this in TurboTax. The amount should end up on line 16 of Schedule 1 (as it is a "qualified plan"). I would appreciate guidance on how to enter it there.
‎January 9, 2023
1:33 PM