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February 13, 2025
Question

Sole proprietor. Have ACA insur and get PTC. Solo 401K. I linked ACA insur exp to my business and asked TT to maximize Solo 401K. TT gave me a sum > my net income. Why?

  • February 13, 2025
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I read that Net Inc - 1/2 SE Tax - SEHI - Solo 401K can't be < $0. TT calculated number that put me thousands below $0. Is there a glitch in TT or am I not clicking the right buttons?