dmertz
Level 15

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.