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daniel_eb
New Member

Where do i neter contributions to a self-employed retirement account? I'm trying to figure out how much I want to contribute?

 
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MarilynG
Expert Alumni

Where do i neter contributions to a self-employed retirement account? I'm trying to figure out how much I want to contribute?

  • For 2017, you can contribute up to $18,000 in pre-tax earnings to a 401(k) plan, plus an additional $6,000 if you're 50 or older.

You also can contribute up to 25% of your net self-employment income—up to a total of $54,000 for 2017—into a retirement plan like a Simplified Employee Pension plan, or SEP-IRA.

Here's info on how to enter self-employed retirement contributions:

https://ttlc.intuit.com/replies/6495893

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