Hm. But now I did the calculations on this IRS page for "plan contributions" and I get a much lower number: $7761.51.https://www.irs.gov/retirement-plans/self-e...
I think what's important to remember is that we as self-employed individuals can make a ELECTIVE (SALARY) DEFERRAL to our 401(k) not to exceed $19500 (including...
Ok, so I went to see where TT made the MAX 401(k) calculation - the Keogh, SEP and SIMPLE Contribution Worksheet. (it's confusing because the title should also ...
You seem to be getting the same problem I'm getting from TT. TT should be able to calculate our contribution amounts itself.Why do I now have to go to the IRS w...
Ok, I will use the equation on this IRS page to calculate who much I can contribute to the solo 401(k) beyond the basic elective deferral.https://www.irs.gov/re...
