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Retirement tax questions
If your only tax liability is the self-employment tax, then any contribution changes will not affect your tax due. Take a look at your 1040. Contributions reduce the taxable income. Does line 16 have any tax? Line 17 is your self-employment tax.
To see your forms:
- In desktop, switch to Forms Mode.
- For online, see How do I preview my TurboTax Online return before filing?
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‎April 10, 2023
4:42 PM