topic Re: I am having the same problem. When the software asks for... in Retirement tax questions

Where does one enter contributions to a defined benefit plan?

frolapal1 — Sat, 01 Jun 2019 16:57:59 GMT

It's not a 401k plan

Are you Self-Employed?

MichaelDC — Sat, 01 Jun 2019 16:57:59 GMT

Are you Self-Employed?

I am and I set up a defined benefit plan through a third-...

frolapal1 — Sat, 01 Jun 2019 16:58:01 GMT

I am and I set up a defined benefit plan through a third-party administrator

Excellent. Let me know if you need anything else.

MichaelDC — Sat, 01 Jun 2019 16:58:04 GMT

Excellent. Let me know if you need anything else.

The only defined benefit plan entry I see is "Defined Ben...

gruse — Sat, 01 Jun 2019 16:58:06 GMT

The only defined benefit plan entry I see is "Defined Benefit Keogh" I don't think my defined benefit plan is a Keogh. Does it matter? Is it correct to enter it here?

1. Login and click Take me to my return 2. O...

MichaelDC — Sat, 01 Jun 2019 16:58:07 GMT

1. Login and click Take me to my return

2. On the left menu, under 2017 Taxes, select the Federal

3. Select the Income & Expenses tab along the top. To get to the full listing of Income and Expenses you may be asked to, "select options that apply to you," click Continue and then Check for more tax breaks, then See list of all tax breaks

4. Scroll down to the Other Business Situations section and click the blue hyperlink Show more

5. Click Start/Revisit next to Self-Employed Retirement Plans

6. Next, answer the questions to enter your retirement.

Please feel free to post any additional details or questions in the comment section.

This is not helpful. Defined benefit plans are not listed...

jnk — Sat, 01 Jun 2019 16:58:09 GMT

This is not helpful. Defined benefit plans are not listed. The only ones listed are:Keogh,SEP, SIMPLE, and 401(k)s. None of these options is correct.

I am having the same problem. When the software asks for...

mbsweet25 — Sat, 01 Jun 2019 16:58:11 GMT

I am having the same problem. When the software asks for the Box 14 Code R detail on the K-1, there is no option for a defined benefit plan that is not a Keogh.

Re: I am having the same problem. When the software asks for...

wesleygaschler — Mon, 09 Dec 2019 18:17:04 GMT

Has anyone else figured out where to put defined benefit contributions into the software. I have called intuit, talked to a customer service rep, as well as one of their CPA's and they were not able to give me an answer

Re: I am having the same problem. When the software asks for...

Critter — Mon, 09 Dec 2019 19:02:21 GMT

Ok ... as asked of all the other posters .... are you an employee or self employed ? Do you have a partnership or corporation ? Are you completing a personal return ?

Re: Where does one enter contributions to a defined benefit plan?

wesleygaschler — Mon, 16 Dec 2019 18:06:42 GMT

For everyone above who didn't get an answer above, I believe that the defined benefit contribution goes under "Keogh Defined Benefit" under the self employed 401k section in turbotax as this populates on to Form 1040 Line 28 which per IRS notification this is the correct place to input this number.

https://www.irs.gov/retirement-plans/self-employed-individuals-calculating-your-own-retirement-plan-contribution-and-deduction