acmetom
New Member

My Keough, SEP and Simple Contrib Worksheet is arrivg at a wrong deduction amt - it's deduct'g my max allowed solo 401k contrib and not my actl contrib. Why/how to fix??

The resulting overstated deduction is flowing through to Schedule 1, resulting in understated AGI, taxable income and tax owed. Why is this schedule doing this and how do I fix without overriding?