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Self employed
You can contribute up to 25%.
When figuring the contribution for your own SEP-IRA, compensation is your net earnings from self-employment, less the following deductions:
- one-half of your self-employment tax and
- contributions to your own SEP-IRA.
See SEP Contribution Limits (including grandfathered SARSEPs)
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March 12, 2023
11:26 AM