For 2023 SEP/IRA limits are 25% of income or $66000 whichever is less. No limit on amount of income. TurboTax is not letting that happen and states that since our Adjusted gross income is $500,000 (From sale of our business) no contribution is available. BUT that is for IRA's and Roth's NOT SEP/IRA's. Help - is there a box that needs to be checked or unchecked for this to happen?
