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The SEP contributions are employer contributions. They are a deduction on the employer's tax return, not on your tax return. They are not included in your income until you take them as a distribution from your SEP-IRA.
The SEP contributions are employer contributions. They are a deduction on the employer's tax return, not on your tax return. They are not included in your income until you take them as a distribution from your SEP-IRA.
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