2020 Solo 401K limits at 2019 levels?

[lesjef]

Has anyone found that 2020 Turbo Tax is only allowing $19,000 and $6,000 individual limits to a 401K (2019 limits) when all the documentation says that 2020 should be $19,500 and $6,000 respectively?  How do you get the correct 2020 limits to be accepted in the 2020 version (per pub 560)?

[Cass0317 · Accepted solution]

Please see the link below that explains eligibility for the 2020 Solo 401K limits at 2019 levels:

Boost Your Retirement Savings

If you have additional questions, please reach out to us.

[lesjef]

Sorry, this link does not answer the question - The reference explains the limits - which are not in question.  Where the limits discussed in the reference are correct - the issue is that Turbo Tax (Home & Biz) is computing worksheets that are implementing the 2019 limits for the Solo 401K - not the 2020 limits that should be used.

[lesjef]

Thanks - the Turbo Tax software update did a correction that makes my question moot.  The current software is now computing the maximum allowable for 2020 with the latest update.