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Deductions & credits
"I will check into if I can open a SEP account and contribute the max of 25% and in addition to making an IRA contribution of $8k."
There is no restriction against doing that, except that the maximum SEP contribution for someone who is self-employed is 20% of net earnings because the SEP contribution itself is treated as reducing net earnings. With $19,000 of net profit, your net earnings are sufficient to contribute the maximum to both.
If you make a SEP contribution, you are considered to be covered by a workplace retirement plan, so depending on your MAGI for the purpose you might not be able to deduct some or all of your regular traditional IRA contribution.
Also, these contributions reduce net earnings available to be claimed as a self-employed health insurance deduction. If you would be claiming such a deduction, it probably makes sense to allocate to the self-employed health insurance deduction first because this portion would never be taxed instead of being only tax-deferred.