Pepm
Level 1

can an officer of a c-corp with no salary deduct a sep ira based on the profits

0 Cheers
rbynaker
Level 13
abctax55
Level 15

Nope.

At least not based on the profits of the C-Corp

 

 

HumanKind... Be Both
abctax55
Level 15

@rbynaker  - jinx 😃

@Pepm - ARE you aware that C-corp income stays with the Corp?

HumanKind... Be Both