HopeS
Expert Alumni

Retirement tax questions

Assuming you are having issues entering your SEP contribution, please see the steps and guidance below:

 

Once your self-employment income is entered:

  1. Sign in to your TurboTax account
  2. Open your return
  3. Select Search and enter SEP IRA contributions (use this exact phrase, including the on contributions)
  4. Select the Jump to link in the search results
  5. In the Self-Employed Retirement Plans screen, select No to the question, Did you contribute to an Individual or Roth 401(k) plan?
    • If you get the message Self-Employed Retirement Plans are only for self-employed individuals (i.e., those filing Schedules, C, F, or K-1), this means that you haven't entered your self-employed income yet. Once you've entered your income, you can come back to these instructions
  6. In the Keogh, SEP, and SIMPLE Contributions screen, select Yes
  7. Answer any additional questions until you get to the Your Contributions screen, where you’ll be able to input your SEP IRA contributions

 

How to Enter SEP IRA contributions

 

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