You'll need to sign in or create an account to connect with an expert.
You only need to enter SEP IRA contributions made through self-employment work. If your employer made a SEP IRA contribution for you, then you don’t need to enter it in your return. (While you could contribute more to an employer-sponsored SEP IRA, TurboTax doesn’t support these contributions.)
Before you enter your SEP IRA contributions, first make sure you've entered self-employed income. This allows us to calculate the maximum amount you're allowed to contribute to your SEP IRA.
Once your self-employment income is entered:
The original help article can be found here.
Thanks for the info - it helps me. Now I will try to use the Turbo tax return to determine IRA deduction and reporting. Tx
Ari Purkayastha
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
valleybuy
Level 3
bethfly
New Member
turbobruce0524
New Member
helloTT102
New Member
burner718
Level 2
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.