Could this have anything to do with the funny QBI credit for small businesses? According to TurboTax I received a $29,000 income deduction from form 8995. But I...
Just followed your prescription but still get 70,000 in TurboTax 2025. See three screens below. Obviously, this amount of SEP contribution is not allowed, becau...
Thank you for the response. I meant to write net income in my post, not gross. The net is what was used in my calculation for the allowed 40K amount. However, I...
