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Get your taxes done using TurboTax
Thanks, but what do I do about the deferred wages that he contributed to the simple IRA (box12)?
Aren’t they a part of gross wages that I paid the employee (prior to deferral). so should they also be a business expense? If so where would I account for them?
i know the employer(my) Simple IRA matching contributions are on line 19 of schedule C.
Or am I thinking about this wrong?
March 28, 2025
12:31 AM