Kimmyjack
Level 4
11-10-2022
09:53 AM
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The thing I wanted to confirm is that the $16,500(which includes catch up) is not the maximum that can be deducted on the tax return. You can take the $16,500 plus the 3% matching?
What is confusing me is that there is an employer contribution mentioned(the 3%), but the employer is the sole proprietor contributing the $16,500.