I am self employeed and should be able to deduct up to $56,000 of my 401k/ira conitrbutions and it is capping me off at $7k, please help

[VolvoGirl]

Sounds like you are trying to enter it under Deductions for IRA Contributions.  It doesn't go there.

Use the Search box.  Type in "self-employed retirement".  Clicking on "Jump to self-employed retirement" it should take you directly to the Self-Employed Retirement Plans screen.

Go to Federal

Income

Scroll down to Other Business Situations

Self Employed Retirement Plans

[DoninGA]

If you have a SEP, SIMPLE, Keough or Solo 401(k) you should be reporting that in the business section 

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.