Skip to main content
Mr Taxes LLC
Level 2
February 3, 2024
New

Solo 401k and or SEP Basis Beginning and Ending Tracker

Related products:ProSeries
  • February 3, 2024
  • 2 replies
  • 5 views

In Pro Series 2023 would be nice to have the option to input Solo 401k and or SEP beginning and ending basis year over year. Just like you would for Traditional IRA which is in the program. Instead I have to create a separate spread sheet and attach it to the tax return for my clients. That is all, thank you.

2 replies

sjrcpa
Level 15
February 3, 2024

Unless there is a ROTH component, basis = -0-.

The more I know the more I don’t know.
Mr Taxes LLC
Level 2
February 3, 2024

I appreciate your comment if not the basis then the value. A tracker in the Pro Series 2023 program would be nice to have for Solo 401k's and or SEP, thank you.