Self-Employed Retirement Contributions (SEP)
Menu Path: Deductions/Credits > Common Deductions/Credits > SEP Contributions
If you have self-employment income, you can set up a SEP or another type of qualified retirement plan to contribute towards your retirement plan and get a deduction on your tax return. Enter self-employed retirement contributions, such as a SEP, SIMPLE, or other type of self-employed retirement plan, on the Self-Employed Retirement Contributions screen.