Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Apr 13, 2025 10:52:53 AM

can I amend my 1120-S for 2024 in Turbo Tax? I realized I phased out of the child tax credit and if I make a SEP-IRA contribution I will get below the phase out.

I am a single employee S-Corp.

0 1 383
1 Replies
Level 15
Apr 13, 2025 2:21:35 PM

If your S corp uses a calendar year, the deadline to contribute to a SEP-IRA for 2024 was March 17, 2025, the regular filing deadline of your Form 1120-S.