Profit sharing plan is not an option in "Any Retirment Contributions"

[yu2liu]

We have a S corp. We have a Profit Sharing Plan.

But when entering into Turbotax Business, Federal Taxes -> Deductions -> Any Retirement Contribuitions? page, there are only three options: SEP IRAs, SIMPLE IRA and 401(k), and 401(k) and other qualified plans. 

There is not the option such as Profit Sharing Plan.

How to handle it?

Thank you
Yu Liu

[Critter-3 · Accepted solution]

"other qualified plans"  =  profit sharing plan ... did you follow that section of the program ?   

[yu2liu · Accepted solution]

Thank you for the reply!

But that option is "401(k) and other qualified plans". It has "and". Also and with "401(k)". It confused me. 

So I still need to choose "401(k) and other qualified plans" option, correct?

Thank you

Yu Liu

[Critter-3]

yes... follow the interview tree

[yu2liu]

Contribution to Profit Sharing Plan, not need put it into W2. Correct?

[Critter-3]

Employer matching or profit sharing contributions are not to be reported on your W-2.

[yu2liu]

Thank you so much for the reply!