goose406
Level 2
01-18-2021
03:14 PM
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The 2020 maximum 401K (solo) contribution limits are 19,500 plus 6,500 catch-up for those 50 and over. The 2020 ProSeries Professional 1040 version worksheet is showing limits of 19,000 and 6,000, respectively. When is this fix anticipated?
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Level 15
01-18-2021
03:20 PM
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Its been asked about several times now, heres the latest
https://proconnect.intuit.com/community/proseries-tax-discussions/discussion/deductible-simple-contr...
Update hopefully by the end of the month.
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪