TT automatically calculated the allowable contribution if I want to open a SEP or other business retirement account (in addition to my IRA). That calculated amount now appears as an adjustment to income.
I marked No to the question of whether I wanted to do this but the amount still shows, which affects my return totals.
How can I remove this if I don't invest in another self employment retirement account for 2023?
Thanks for your help!
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To delete your self-employment SEP information in TurboTax Desktop:
To delete your self-employment SEP information in TurboTax Desktop:
Thank you, John, for the super fast and spot on advice!
I was able to find where the amount was automatically added and change it to 0.
Surpisingly this contribution removal did not affect the results for my Federal return, only my state return.
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