Thank you! what's confusing is the wording - you have to hit "yes" even if you haven't contributed for 2024 then it'll take you through the flow.
As a follow up, TT tells me my MAX retirement contr. is (let's say) $10K. However, I don't see if this is max across my ROTH (I meet the annual income requirements to invest the full $7K) AND my SEP IRA, or if I have to split the $10K between the ROTH and the SEP.
Any advice on how to clarify this? I hit the maximize box for my SEP but there wasn't one for my ROTH.
My assumption is that TT is telling me I can only invest $10K TOTAL. I'd like to max out contributions for both retirement products to lower my tax burden.
Thanks!!
