Self Employed SEP IRA and Traditional IRA Contributions

[GoingCrazy]

I'm 66, self employed using TT Home & Business. It showed I could contribute $21,880 to a Sep Ira and $19,795 to a traditional Ira. Fidelity says I can only contribute $8000 to a traditional Ira. I submitted my return via TT and now feel like a calculation error was encountered.  Please help if you can!  Thanks much...

[Bsch4477 · Accepted solution]

Fidelity is correct. 

[GoingCrazy]

I guess words matter... Looking into this further, it appears the money I intend to put into an IRA is not a "Traditional IRA" but an Individual "Solo 401K."  TT shows it as an Individual 401K.  So I think I'm okay.  I'll call Fidelity again on Monday to open my 401K.  Thank you for your help!