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SEP IRA Contribution Problem With Allocation
Hi,
I have 2 business income K-1s
1) LLC 1065
2) S-Corp 1120S
I have a SEP IRA contribution and when I added it in Turbo Tax, it is being allocated to the wrong business, when I print my return I see it added to the K1-1065 LLC instead of the S-Corp 1120S where it belongs?
Is there a way to fix this?
Topics:
‎April 19, 2022
1:13 PM