Turns out the spousal contribution needs to go in the IRA section not in the individual 401k section under business -- this was my mistake, but it would be help...
Ok, so changing where I entered the contribution amounts to the 401k fixed one issue, but it still shows Susan as over contributing because she had no positive ...
Yes, it says we both have an excess contribution. Let me add more color to the situation.I am self-employed and have a net profit of ~110k (after deducting medi...
I thought I understood it correctly, that if my wife is not working I could contribute into a spousal IRA contribution of 6000 (she has a small at home business...