When describing your IRA, TurboTax offers a number of possibilities, including
. SEP
. SIMPLE
The instructions for these selections say that you may choose only one of the two. However, in many 1000-R reports, the IRA is described as IRA/SEP/SIMPLE.
So, which one is a user supposed to select, SEP or SIMPLE? If it matters, then provide a separate SEP/SIMPLE option.
Grateful I'm finally done - I chose one, Sharon