kkbach
Returning Member

Retirement tax questions

Further to this, only this year did I realize that we were being doubly taxed on the Roth solo 401K  contribution when I entered it into turbotax. I've done these entries '19, '20, '21, and '22, so I believe we have way overpaid as we paid tax on my 1099 income and then it taxed it again seemingly recording the roth solo 401K contribution as a conversion of previously tax deferred income vs. a brand new contribution.