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
- :
- ProConnect Tax
- :
- ProConnect Tax Discussions
- :
- Re: Schedule C, Net SE income of $22,685 after SE Tax deduction .Input 1 to max SEP.Diagnostic - SEP deduction was disallowed due to the lack of self-employment income.
Schedule C, Net SE income of $22,685 after SE Tax deduction . Input 1 to max SEP. Diagnostic - SEP deduction was disallowed due to the lack of self-employment income.
Options
- Mark Topic as New
- Mark Topic as Read
- Float this Topic for Current User
- Bookmark
- Subscribe
- Printer Friendly Page
amontecpa
Level 1
03-20-2022
07:30 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Please explain if there is a box that needs to be checked somewhere. How can Sch SE generate and calculate SE tax and then say no SEP deduction because no SE income?
Labels
2 Comments 2
TaxGuyBill
Level 15
03-20-2022
07:57 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Is there a second business that had a loss?
Any chance you have the Schedule C for one taxpayer, and that you are indicating the SEP is for the spouse (with no Schedule C)?
amontecpa
Level 1
03-24-2022
11:10 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
No. It is all set up as the spouse. I even tried switching everything to the taxpayer and got the same diagnostic. So it is something else.
