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brian145
New Member

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.
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dmertz
Level 15

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.

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.

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