Just in case anyone else is having issues locating the self-employed retirement contribution calculator this year, I thought I'd share the new location. The TurboTax Self-employed edition has a new layout this year, and it might be hard to find! There is no longer a separate "Business" tab, and the program does not ask about SEP/Keogh contributions in the "self-employed income & expenses" section. To find it, you must:
-Make sure you're in the "Income & Expenses" section
-Scroll down past the summary of all your previously entered income
-Click "add more income"
-Select "see list of all income" (if not already showing full list at the bottom)
-Scroll down to "Other Business Situations"
-Click "see more"
-Finally, you are able to enter the "self employed retirement" section.
*Not: This is also where SE health insurance is located this year.
You'll need to sign in or create an account to connect with an expert.
OR you can always use the SEARCH box for almost anything ...
To enter your self-employed retirement contributions in
TurboTax, log into your tax return (for TurboTax Online sign-in,
click Here) and type "self-employed retirement" in the search bar then select "jump to self-employed retirement". TurboTax will guide you on entering this
information.
OR use the tax topics tool ... under the tax tools >> tools >> tax topics
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