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New Member
posted Feb 14, 2021 4:13:46 AM

Retirement plan contribution

I have a self employed defined benefit plan. Where do I enter my contribution on the tax return?

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1 Replies
Expert Alumni
Feb 14, 2021 7:25:44 AM

Please follow the steps below to enter your contributions to the self employed defined benefit plan:

  1. Login to your TurboTax Account 
  2. Click on the Search box on the top and type “SEP IRA contributions"
  3. Click on “Jump to SEP IRA contributions”
  4. This will take you to the "Self-Employed Retirement Plans" screen.
    • If you get a message that Self-Employed Retirement Plans are only for self-employed individuals, this means that you have not entered any self-employed income.
  5. TurboTax will ask you about whether you contributed to different types of retirement plans. Select "Yes" to when your plan appears.
  6. On the "Your Contributions" screen, you’ll be able to input your contributions.