kkbach
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thank you. yes. It was. I had $240K that was then adjusted to approx $195K.Thank you so much for your help. I greatly appreciate it.
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Thank you. Yes. Your income calculation is correct. Net profit amount was just shy of $188+, so the contribution amount is correct. I did not check the maximize...
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Yes, however the Roth contribution is not excess in any of these cases. For '23, my calculated allowable Roth Solo 401K contribution as employee deferral is 30,...
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Agreed. However, when one enters the Roth solo 401K contribution, taxes shoot upward in TurboTax. It is the allowable, calculated contribution amount for a solo...
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Sorry. My error. Yes, the Roth contribution was employee salary deferral, not employer contribution.
Activity Feed for kkbach
- Posted Re: solo 401K roth contribution entry in turbotax on Retirement tax questions. March 10, 2024 9:30 AM
- Posted Re: solo 401K roth contribution entry in turbotax on Retirement tax questions. March 10, 2024 9:07 AM
- Posted Re: solo 401K roth contribution entry in turbotax on Retirement tax questions. March 10, 2024 8:40 AM
- Posted Re: solo 401K roth contribution entry in turbotax on Retirement tax questions. March 10, 2024 7:15 AM
- Posted Re: solo 401K roth contribution entry in turbotax on Retirement tax questions. March 9, 2024 11:13 AM
- Posted Re: solo 401K roth contribution entry in turbotax on Retirement tax questions. March 9, 2024 11:04 AM
- Posted Re: solo 401K roth contribution entry in turbotax on Retirement tax questions. March 9, 2024 11:03 AM
- Posted Re: solo 401K roth contribution entry in turbotax on Retirement tax questions. March 9, 2024 10:56 AM
- Posted solo 401K roth contribution entry in turbotax on Retirement tax questions. March 9, 2024 9:10 AM