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posted Jul 10, 2020 12:06:58 PM

Why my SEP401k bank and irs webiste shows I qualified 19k and 25%of net profit($53100) pre tax contribution, but turbo tax only allow me contribute $9620?

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Level 15
Jul 10, 2020 12:14:44 PM

Duplicate question answered here:

https://ttlc.intuit.com/community/retirement/discussion/why-my-sep401k-bank-and-irs-webiste-shows-i-qualified-19k-and-25-of-net-propfit-53100-pre-tax/01/1667869/highlight/false#M109179