How do i calculate the maximum self-employed SEP contribution?

[AnnetteB]

Use the steps below to go to the self-employed retirement section of your return.  Go through the screens until you get to the question regarding making a contribution to a SEP where you will indicate that you have (or are) contributed.  Then, there will be a blue link for maximum amount that will calculate the maximum that you can contribute based on your business income.

• On the top row of the TurboTax online screen, click on Search (or for CD/downloaded TurboTax locate the search box in the upper right corner)

• This opens a box where you can type in “self-employed retirement” (be sure to enter exactly as shown here) and click the magnifying glass (or for CD/downloaded TurboTax, click Find)

• The search results will give you an option to “Jump to self-employed retirement”

• Click on the blue “Jump to self-employed retirement” link