selliot
New Member

Spouse paid as W2 maximum Solo401K profits sharing contributions? Is it based on W2 earnings or LLC net profit because of being a spouse?

Spouse A is owner of LLC SpouseB works for LLC as W2 empl. SpouseA opens Solo 401K, SpouseB has acct under same Solo 401k. Both contributes max18,500 employee contrib. Spouse A also contributes 20% of net profits.  What is SpouseB's maximum profits sharing contributions? Is it based on W2 earnings or LLC net profit because of being a spouse?