- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Retirement tax questions
As you found, you can't use the Maximize function for a 401(k) contribution. TurboTax will calculated the appropriate employer contribution if you mark the Maximize box for a SEP IRA contribution. The calculation method for the employer contribution is the same, and the SEP IRA contribution is only an employer contribution.
‎February 23, 2025
3:53 PM