dmertz
Level 15

Retirement tax questions

SEP contributions made by an S-corp have nothing to do with what the employee reports on the employee's individual tax return.  SEP contributions are employer contributions and are deducted on the employer's tax return, Form 1120-S in this case.

 

You can look in the participation requirements in section 408(k):  https://www.law.cornell.edu/uscode/text/26/408#k