Level 15
02-14-2025
11:04 AM
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A sole proprietor doesnt get a "salary" so I hope you didnt try and take that as a deduction on Sch C.
The SEP IRA contribution worksheet will compute the Max SEP contribution for you. Drill down on Sch 1, Part II, Line 16 and scroll down to Line 4 of the worksheet and check the Max Contribution box
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