2954538
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Turbotax keeps treating my traditional IRA contribution for 2022 as if I have a retirement plan at work but I'm self employed. How/where can I correct this please?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

4 Replies
ErnieS0
Expert Alumni

Turbotax keeps treating my traditional IRA contribution for 2022 as if I have a retirement plan at work but I'm self employed. How/where can I correct this please?

Your traditional IRA deduction may be limited if you have a spouse who is covered by a retirement plan at work.

 

See: 2022 IRA Contribution and Deduction Limits Effect of Modified AGI on Deductible Contributions if You...

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Turbotax keeps treating my traditional IRA contribution for 2022 as if I have a retirement plan at work but I'm self employed. How/where can I correct this please?

No, we are both self employed. I see that for both of us the box is checked indicating that we are both covered by a retirement plan at work. I have no way of unchecking these boxes. Thus, it is calculating the contribution amount that is tax deductible incorrectly. How can I get these checked boxes unchecked?

ThomasM125
Expert Alumni

Turbotax keeps treating my traditional IRA contribution for 2022 as if I have a retirement plan at work but I'm self employed. How/where can I correct this please?

Usually a check mark in the box 13 entry on your W-2 form that says "Retirement plan" would tell TurboTax that you had a retirement plan at work. If you entered W-2 income, you need to review that entry and make sure box 13 is not checked. Also, you may have a blank W-2 carried over from a previous year that had box 13 checked and that may make TurboTax think you have a retirement plan. You can delete the errant W-2 as follows:

 

  1. Click on Tax Tools in the left menu bar
  2. Click on Tools
  3. Look under Other Helpful Links and choose Delete a form

 

Find the form or schedule you want to remove in the list and click on the delete icon to remove it.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
dmertz
Level 15

Turbotax keeps treating my traditional IRA contribution for 2022 as if I have a retirement plan at work but I'm self employed. How/where can I correct this please?

Is either of you contributing to a self-employed retirement plan, shown on TurboTax's Keogh, SEP and SIMPLE Contribution Worksheet?  If so, that makes you covered.

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question