RobertB4444
Expert Alumni

Business & farm

You need to not enter it into the SEP contribution section and enter it directly into the associated business' section.  Pay attention to the amounts - if you're associating it with one business you are limited to 20% of that business' income instead of your overall self-employment income.  Enter it as an expense directly into the associated business labeling it as what it is.

 

@dc20222023 

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