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Retirement tax questions
"I can work around by separately adding it as a business expense"
You are not permitted to do that. Doing so would impermissibly reduce self-employment tax and you would be filing a false tax return.
If explicitly entering an employer contribution does not change the amount on Schedule 1 line 16, it implies that you have contributed all available net earnings as employee contributions.
‎April 14, 2025
5:20 PM