The compensation you received that was reported on a W-2 cannot be used to determine the amount you can contribute to a SEP or a Solo 401(k). Only your self-employment income can be used for that. You cannot report your W-2 income as self-employment income. In order to be eligible to receive the NQSO, you have to be treated as an employee for the award. I understand you are not an employee of the company that issued the W-2, but it doesn't matter. You are receiving employee compensation for work done in prior years. It doesn't define your status as that of an employee, you're not. But it does define the nature of the compensation you were paid and limits what you can do with it in terms of contributions to retirement plans.
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