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Where do I enter SEP contributions so that I can get the saver's credit? If I enter it in "SEP", the credit doesn't calculate.

robinweaver
Level 3
 
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rbynaker
Level 13

Contributions to a modern SEP-IRA won't qualify since they are purely employer contributions (but if you have an old SAR-SEP they might.)  There's still time for an IRA though.

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4 Comments 4
sjrcpa
Level 15

IGNORE Is client's income too high for the credit?

The more I know, the more I don't know.
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rbynaker
Level 13

Contributions to a modern SEP-IRA won't qualify since they are purely employer contributions (but if you have an old SAR-SEP they might.)  There's still time for an IRA though.

robinweaver
Level 3

Thank you for your time.

sjrcpa
Level 15

Thanks Rick. My brain was not working.

The more I know, the more I don't know.
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