And one other related dilemma. Since I am an independent contractor I always max out my SEP contribution. That contribution is based on my 1099-nec compensation, which as indicated in the threads above, includes the $350,000 income earned from the exercise and sale of my options. So can I use the whole 1099 amount to calculate my SEP contribution or do I need to adjust that figure in TTax (which the form allows me to do) to use only my consulting income for the company?
