On the Your Contributions screen, you’ll be able to input your SEP IRA contributions.Select Yes to Keogh, SEP, and SIMPLE Contributions. TurboTax will ask you about whether you contributed to different types of retirement plans.If you get a message that Self-Employed Retirement Plans are only for self-employed individuals, this means that you have not entered any self-employed income.This will take you to the Self-Employed Retirement Plans screen.Select the Jump to link at the top of the search results.In your return, type SEP IRA contributions (use the whole phrase) in the Search box.Once your self-employment income is entered: This allows us to calculate the maximum amount you're allowed to contribute to your SEP IRA.

(While you could contribute more to an employer-sponsored SEP IRA, TurboTax doesn’t support these contributions.)īefore you enter your SEP IRA contributions, first make sure you've entered self-employed income. If your employer made a SEP IRA contribution for you, then you don’t need to enter it in your return. You only need to enter SEP IRA contributions made through self-employment work. The text to Where do I enter my SEP IRA contributions? is as follows:

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