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We made extra money in a small business and have a solo 401k that we put profits in. What Turbotax program allows for that. I don't see 401k it in Deluxe

 
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2 Replies
ThomasM125
Employee Tax Expert

We made extra money in a small business and have a solo 401k that we put profits in. What Turbotax program allows for that. I don't see 401k it in Deluxe

You need the self-employed (online TurboTax) or Home and Business (desktop TurboTax) program to input your solo 401-K contribution. You need to go into the business portion where you will see Self-Employed Retirement under Less Common Business Situations.

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We made extra money in a small business and have a solo 401k that we put profits in. What Turbotax program allows for that. I don't see 401k it in Deluxe

thank you, did just that

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