Tax treatment for Pension contribution!
I am a self-employed IT consultant, I understand I can make a contribution to a pension plan to save taxes.
The question, I have is, where do I take the deduction on Turbo Tax, is the deduction on Schedule C itself or does it go as an adjustment to income on Page 1 of the 1040?
The former treatment would be better for me as I can save S/E Taxes!!