- Self-employed spouse who was successful this year (positive income past expenses).
- Turbo tax states maximum 2022 contribution is $27K for a 401k plan.
- However, Turbo Tax retirement maximizer states maximum allowed to qualified plans is $37K ($10K above the limit).
- Where and how do I submit a $37K retirement contributions. Do I need to obtain a Simple IRA or something else?
Please advise
