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Single member LLC, trying to enter Solo 401-k contributions. My calculated max is $34k but I want to contribute 24k. Where do I enter the employee part /employer?
My 'retirement Deduction results' show
'Self-employed Individual 401(K)' as 18k and 401k matching contributions as $5k. Did I do this correctly or does the matching contributions refer to a different type of plan all together? Thank you!
'Self-employed Individual 401(K)' as 18k and 401k matching contributions as $5k. Did I do this correctly or does the matching contributions refer to a different type of plan all together? Thank you!
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‎June 3, 2019
10:23 AM