renda000
Returning Member

Retirement contribution allocation

I am a single owner of LLC. I contribute $10k into my SEP. In “Retirement contribution allocation”, it asks the amount of the contribution that is attributable to my business? I am confused on the meaning of “attributable to my business”. Isn't obvious that $10k can be “attributable" to my business if I want? Now, it is contributed to my own SEP, but not to my LLC. Should I input $10k or $0?