topic Self employment 401k account. in Retirement tax questions

Self employment 401k account.

tbqin — Sat, 01 Jun 2019 15:07:02 GMT

I have 1099 MISC income, but I put 1/3 of the income in self employment 401k account. Now 2019 turbotax is quite different from previous yrs, I don't see a place allow me to enter how much I put as self employment 401k. so have to pay a lot tax even if 1/3 money already in small business 401k account. where and how how to enter in self-employed turbotax software? Last yrs when went through, it will ask you how much you set aside, and what max you can set. this year the features gone

This feature still exists in TurboTax 2018. To enter your...

MinhT — Sat, 01 Jun 2019 15:07:03 GMT

This feature still exists in TurboTax 2018.

To enter your self-employed retirement in TurboTax Self-Employed:

Open your return and click on Search at the top right of your screen
In the Search box, type self-employed retirement then click on the magnifying glass icon on the right
On the results page. click on Jump to self-employed retirement
TurboTax will take to a page where you enter your individual 401(k).