- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
TurboTax not calculating SEP max correctly?
My 1099 income was ~76K with a ~9k loss in Schedule K-1. When I have TurboTax calculate my max SEP IRA contribution (traditional SEP in TurboTax), it says $30k - much higher than 25% limit. What's going on?
‎April 9, 2025
7:52 AM