George4Tacks
Level 15

I will add my usual "What does your PAID tax professional say?"

"But after reading on the IRS website, it appears that they can contribute to a Solo 401k, up the amount of self employment earnings, with respect to also some special deductions to calculate the amount deductible?  Correct?" Yes, but .... 

What does your PAID pension plan advisor say? Maybe try something like https://www.fidelity.com/calculators-tools/ira-contribution-calculator  and https://individual.troweprice.com/public/Retail/Retirement/Small-Business-Retirement-Plans/Individua... 

You have not given nearly enough information to get a correct answer. 


Here's wishing you many Happy Returns
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