Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

sep ira

Pepm
Level 1

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

0 Cheers

This discussion has been locked. No new contributions can be made. You may start a new discussion here

1 Best Answer

Accepted Solutions
rbynaker
Level 13
3 Comments 3
rbynaker
Level 13

No.

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