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for the 2025 filing, TT is using 2024 max deferred contribution to solo 401k

There is a bug. For the Keogh/SEP wks, TT is calculating my max deferred contribution to a solo 401k incorrectly. TT is using the old 2024 max of 23,000 when IT IS ACTUALLY 23,500 FOR 2025. 

 

As a result, when I ask TT to calculate my maximum contribution, I am getting an incorrect lower number.

 

PLEASE FIX ASAP

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1 Reply

for the 2025 filing, TT is using 2024 max deferred contribution to solo 401k

@crazyforpizza 

Might be ready the 15th....or the 22nd of January.

 

That's when regular updates will occur next.  They usually won't fix a bug of that type until one of their regularly-scheduled update days....usually overnight on Wed-Thursday, and occasionally Thurs-Fri

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*

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