Where to enter a solo 401-K Contribution

My client has her own business and decided for 2019 to contribute $10,000 to a solo 401-K.

Where is this entered? I have searched high and low and cannot find anywhere to put it in. Her Husband contributes to 403B through his employer.

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Best answer by Accountant-Man

Same place you enter a SEP IRA and other retirement plans. Adjustment to Gross income.

Level 15

When was the solo 401k set up?

Is it regular or Roth?

HumanKind... Be Both

Level 4

It was set up in October of 2019 and it is a traditional.

She set it up as a business retirement for herself. She has no employees and has less than 250K , so I do not believe she needs to do a 5500-EZ.

Level 15

X

HumanKind... Be Both

Level 13

Same place you enter a SEP IRA and other retirement plans. Adjustment to Gross income.

** I am "Elevating with Intention!"

Level 4

Thank you so much!!! I put it there and then thought it was wrong! You are definitely a champ!!

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