clacourte1
Level 3
02-13-2025
11:59 PM
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If an S Corp shareholder makes a SEP contribution for 2024 in 2025 before the due date of the return, it's my understanding that it can either be deducted in 2024 or 2025. If they're on a cash basis and want to deduct the contribution on the 2024 return, where should this be entered in ProConnect to account for the book/tax difference?