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Solo 401k error - worksheet

I am trying to file my taxes but TT won't allow me to do so.  It says I have an error on the Keogh/SEP/Simple worksheet.  I contributed the maximum amount to my solo 401k of $22,500.  I also contributed the over 50 amount of $7,500.  And my business contributed another $33,000.  The worksheet shows the amounts on lines 6a, 6c and 6e.  However, TT shows I have an error on line 6a and that it shouldn't be over $22,500.  It's not - it is exactly $22,500.  I have re-entered it several times but the error persists.  

 

And it won't allow me to e-file unless I clear the error, despite the fact that it appears correct.  I am open to suggestions.  I suspect there is another place where something is not correct, but I cannot seem to find it.  I've been through the questions several times.  And been through the business income section several times.  I am at a loss of how to correct the error (which doesn't appear to be an error to me).

 

Thanks

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4 Replies
dmertz
Level 15

Solo 401k error - worksheet

This is a known problem.  The following thread provides a workaround:

https://ttlc.intuit.com/community/retirement/discussion/keogh-sep-and-simple-contribution-sheet-not-...

Solo 401k error - worksheet

This worked.  Silly way to handle it - just needs to be fixed.

 

But thank you for the quick response which allowed the returns to be transmissted!

 

dmertz
Level 15

Solo 401k error - worksheet

The 3/28/2024 update fixes this bug.

erosenda
New Member

Solo 401k error - worksheet

I am working on my tax return reviewing an error 2024 Keogh/ SEP worksheet, individual 401k section and this bug still seems to be active from past years.  I have input $23,000 on line 6a and the $7500 catch up contribution on line 6c, totaling the max $30,500 on line d, but keep getting the error on line 6a.  Any ideas? 

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