topic Here is a calculator https://scs.fidelity.com/products/... in Retirement tax questions

I am self employed with 60 K net income. Turbo tax calculates my self employed 401K at 14 K which is very low. What is correct method to get appropriate calculation?

vossmar1 — Mon, 03 Jun 2019 20:15:09 GMT

answers missed the mark this is for 2018 return.

MichaelL1 — Mon, 03 Jun 2019 20:15:11 GMT

Do you have a job with a 401K contribution already?

vossmar1 — Mon, 03 Jun 2019 20:15:12 GMT

I used the Fidelity numbers but TT said I was over contributed and did not give tax benefit

MichaelL1 — Mon, 03 Jun 2019 20:15:13 GMT

Do you have other income from a job and have a retirement plan?

vossmar1 — Mon, 03 Jun 2019 20:15:15 GMT

vossmar1 — Mon, 03 Jun 2019 20:15:16 GMT

It overrides me and enters a number as a Keogh contribution

MichaelL1 — Mon, 03 Jun 2019 20:15:18 GMT

Is this a 401K or SEP IRA?