CUSO
Level 3
05-10-2022
01:49 PM
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Hello, I have a client amending his 1120-S because he forgot to account for a SEP IRA contribution that he made during the year. On ProConnect, do I enter the SEP IRA contribution on the 1120 S under: Ordinary Income -> Deductions -> Pensions, profit-sharing plans?
Do I also need to account for this in any other locations for his individual tax return?
Thank you!
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