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acatmull
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I am self employed and Turbotax is limiting me to $6,000 IRA contribution?

My IRA is a SEP IRA.  So the limit is much higher than $6,000.   How can I cause Turbotax Self-Employed to understand that?
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I am self employed and Turbotax is limiting me to $6,000 IRA contribution?

You do not enter your SEP-IRA in the section for a Roth or Traditional IRA when self-employed.  Remove your entries for the IRA.

 

Click on Tax Tools on the left side of the program screen.

Click on Tools.

Click on Topic Search.

Type in self-employed retirement. With the key words highlighted, click on GO.

 

Unlock tailored help options in your account.

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