dmertz
Level 15

Retirement tax questions

This area of 2022 TurboTax is still buggy,  Despite TurboTax issuing the error message and showing an incorrect calculation on Part III of the Keogh, SEP and SIMPLE Contribution Worksheet, TurboTax seems to do the calculation correctly behind the scenes and produce the correct deductible amount on Schedule 1.

 

This worksheet is problematic every year and TurboTax Product Quality folks don't seem to give it much concern.  The individuals who make the necessary cost-of-living modifications to this worksheet every year don't seem to have a firm grasp on what they are doing.