Welcome back! Ask questions, get answers, and join our large community of tax professionals.
Showing results for 
Search instead for 
Did you mean: 

2019 Tax Planner

Level 3

I'm using the Tax Planner in 2018 ProSeries; therefore, the current year column is for 2018.  In the "Plan 1" column I've selected 2019.  The client is not covered by a pension plan.  Why is the  "contribution allowed" listed as $6,000 instead of $7,000?  $6,000 is the 2018 limit.  $7,000 is the 2019 limit.

Labels (1)
0 Cheers
1 Reply 1
Level 15
Level 15
$7000 is with the added $1000 for being 50+ years old...maybe the tax planner doesnt pick up the DOB? or maybe your client isnt 50+?

0 Cheers