Self employed

Thank you !! 

For clarity can you please opine - In  LLC (C - schedule ) you can put away more in solo 401k  -that is  25% of entire  profit , as all profit is subject to SE tax, But if you have S-corp you can put away only 25% of wages paid as employer match. No additional money can be contributed out of K1 profits pretax -- IRS intent is only income subject to SE taxes can be put away pretax in 401k.

 

Also is LLC or S-Corp more audit prone ( Statistically), if you may know