Welcome back! Ask questions, get answers, and join our large community of tax professionals.
- Topics
- Training
- Community
- Product Help
- Industry Discussions
- User Groups
- Discover
- Resources
Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for
- Intuit Accountants Community
- :
- Lacerte Tax
- :
- Lacerte Tax Discussions
- :
- Simple and/or SEP plans
Simple and/or SEP plans
Options
- Mark Topic as New
- Mark Topic as Read
- Float this Topic for Current User
- Bookmark
- Subscribe
- Printer Friendly Page
jlew1229
Level 3
01-07-2022
02:21 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
I have a client that is 100% shareholder of a C-Corp. She is also has consulting income that she files a Schedule C on her personal return. She also has income from serving on a board of directors- put under other income subject to SE tax
The C Corp has employees, the Schedule C consulting income does not.
If she were to set up a SEP or Simple plan for her consulting income. Is her C Corp (Form 1120) considered part of a controlled group and now she must include the employees of the C Corp for the Simple plan for her consulting income ( Schedule C- form1040)
Thank you in advance for all your input.
Labels
This discussion has been locked.
No new contributions can be made. You may start a new discussion
here
1 Comment 1
sjrcpa
Level 15
01-07-2022
07:24 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Yes
The more I know, the more I don't know.
