New (tax) year, new help!
Fixed Assets and UltraTax CS 2023 help is now on Help and Support. We're still moving articles, but you can find most content for the 2023 tax year there. Continue using the Help & How-To Center for tax years 2022 and older.
Question
How do I enter a contribution rate different than the UltraTax CS default rate of 25 percent for Keogh and SEP plans?
Answer
Enter the plan's full contribution rate in the Limitation percentage (Force) field in Screen Keogh. UltraTax/1040 calculates the maximum deduction using the rate entered.
Related topic: Keogh, SEP, and SIMPLE contributions FAQs (1040)
Was this article helpful?
Thank you for the feedback!