I am trying to enter an EMPLOYER PROFIT SHARING contributions in the Solo 401K section of TurboTax Online.
I am following the instructions in this article: How do I enter a Solo 401(k) in TurboTax?
The article states the following: "Enter your Employer Matching (Profit Sharing) Contributions for 2025. Note: There's no Employer Matching box for Roth 401(k)s because any matching employee contributions are pretax."
This is completely FALSE and outdated. Roth, AFTER TAX profit sharing contributions are indeed allowed in a Solo Roth 401K beginning with the 2023 tax year. My Solo 401K custodian confirmed this and allows Roth profit sharing contributions. The only issue is that TurboTax does not allow the entry and instead continues to publish incorrect information in a very recently updated article.
Thank you for any suggestions with resolving this.
