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I enter it on Screen 15, under pension, profit-sharing plans (code 29 if you speak batch entry).
IF you are doing the W-2, make sure the retirement plan box is checked.
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Answers are easy. Questions are hard!
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I do think we need a bit more info from @gclark .
Perhaps s/he is actually asking how to enter info in the individual module rather than the S-Corp module.
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@gclark Could you add a bit more information. Are you trying to create a SEP deduction on the 1040 for the shareholder? Do they any other SE income?
https://www.irs.gov/retirement-plans/retirement-plan-faqs-regarding-contributions-s-corporation
Answers are easy. Questions are hard!
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Trying to enter SEP contribution on individual module. Want to maximize contribution
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No other self employment income - S Corp and W2 only
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The SEPP contribution is done at the S-Corp level, and is based on the W-2 wages.
It isn't done/taken on the F 1040 for the S-Corp W-2 wages, OR the distributions, OR the K-1 flow thru income.
(And where have you been for the last year, since you originally posted the question?)
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"(And where have you been for the last year, since you originally posted the question?)"
I've reported this, similar to what I noticed last week, in Community Suggestions. When you click the username, that listing shows everything is from 2021.
Don't yell at us; we're volunteers
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That is not allowed. The SEP based on his wages is only allowed on the 1120S return.
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Does the company have other employees that are not "covered" in his fictional SEP?