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New Member
posted Jun 6, 2019 12:19:17 AM

HOW DO I ENTER A DEDUCTION FOR A CONTRIBUTION MADE TO A SELF-EMPLOYED RETIREMENT PLAN ASSOCIATED WITH 1040, SCHEDULE C PROFITS.

HOW DO I ENTER A DEDUCTION FOR A CONTRIBUTION MADE TO A SELF-EMPLOYED RETIREMENT PLAN ASSOCIATED WITH 1040, SCHEDULE C PROFITS.

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1 Best answer
New Member
Jun 6, 2019 12:19:19 AM

Most benefits for self employed individuals are entered in Turbo Tax in the Less Common Business Situations section.

Select the Business Tab
Select Continue on the Let’s Find Some Business Expenses screen.
Select I’ll Choose What to Work on at the next screen

Scroll down to the Less Common Business Situations section.  Here is where you can enter self employed insurance and self employed retirement benefits.

1 Replies
New Member
Jun 6, 2019 12:19:19 AM

Most benefits for self employed individuals are entered in Turbo Tax in the Less Common Business Situations section.

Select the Business Tab
Select Continue on the Let’s Find Some Business Expenses screen.
Select I’ll Choose What to Work on at the next screen

Scroll down to the Less Common Business Situations section.  Here is where you can enter self employed insurance and self employed retirement benefits.