Answered: 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 · ‎03-02-2022

rbynaker · ‎03-02-2022

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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sjrcpa · ‎03-02-2022

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

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

rbynaker · ‎03-02-2022

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 · ‎03-02-2022

Thank you for your time.

sjrcpa · ‎03-02-2022

Thanks Rick. My brain was not working.

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

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.

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