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2020 solo 401(K) contribution limits incorrect on Keogh/SEP/Simple Worksheet?

Level 2

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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1 Comment 1
Level 15
Level 15

Its been asked about several times now, heres the latest


Update hopefully by the end of the month.