Solved: Does a business list 401k contributions as retirement compensation to the employee, i.e., would they be listed as retirement cost

Does a business list 401k contributions as retirement compensation to the employee, i.e., would they be listed as retirement cost

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Yes, 401(k) contributions made by the business should be recorded as retirement cost. This will go on Line 19, "Pension and Profit Sharing Plans" on Schedule C.

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Yes, 401(k) contributions made by the business should be recorded as retirement cost. This will go on Line 19, "Pension and Profit Sharing Plans" on Schedule C.