I am using Turbotax 2023, and although I am largely retired, I have $12705.00 in consulting income reported on a 1099-NEC. I am about to make a contribution to my IRA with some of this income but cannot find anywhere to report this contribution in Turbotax.
Turbotax has put the 1099-NEC income under self-employment income (I gather correctly). Where would I report the IRA contribution?
Thanks in advance for any assistance you can offer.
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To enter, edit or delete an IRA contribution -
Click on Federal Taxes (Personal using Home and Business)
Click on Deductions and Credits
Click on I'll choose what I work on (if shown)
Scroll down to Retirement and Investments
On Traditional and Roth IRA Contributions, click the start or update button
Thank you!!
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