I'm struggling with TT. I have net income from a rental property (about $2k) and I make some money as a sole proprietor but have a AGI loss of about $1700 on that income. I did make $2800 but had many startup costs to deduct.
So, question #1:does the rental income even count as business income?
question #2: I work another job and contribute to my employers 403b plan, but only $5k a year. Does this somehow disqualify me from opening a SEP?
Question #3 do I put in my Net income from the self employment or the AGI?
Question #4 no matter what combination of numbers I plug into turbotax including selecting the maximum box, I don't get a response. TT kicks me back to the main business income page without helping me with the SEP.
