I wanted to check I did the deduction correct because it didn't deduct anything from what I owe.
I made an employer deduction ( I have an LLC) to my Solo 401k for $6,000, i selected employer match and entered in $6,000 but my overall tax payment didn't decrease at all. I was under the assumption I could deducted my contribution to help lower my taxes.
any help would be awesome, trying to get this done before the 28th to receive the discount.
Thanks
You'll need to sign in or create an account to connect with an expert.
anyone have any thoughts on this? this is the last thing I need and dont really want to have to pay $170.00 to ask turbotax.
Thanks again!
You can send us a diagnostic file that has your “numbers” but not your personal information. This will allow us to open a copy of your return.
If you would like to do this, follow these steps:
We will then be able to see exactly what you are seeing and can help diagnose the issue.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
thegoodreturn
Returning Member
haleymarierobertson
New Member
wid932ddf
New Member
bygraceprayerworks
New Member
sandy4042
Level 5
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.