https://ttlc.intuit.com/community/taxes/discussion/self-employed-simple-ira-3-matching-contribution/01/3334320#M1228260 <P>What is the formula for calculating the 3% Simple IRA matching contribution for a self-employed person? Do I plug in numbers from Form 1040 Schedule C and Schedule SE? Thank you!</P> Wed, 11 Feb 2026 07:43:25 GMT mpsekhon 2026-02-11T07:43:25Z https://ttlc.intuit.com/community/taxes/discussion/self-employed-simple-ira-3-matching-contribution/01/3334320#M1228260 <P>What is the formula for calculating the 3% Simple IRA matching contribution for a self-employed person? Do I plug in numbers from Form 1040 Schedule C and Schedule SE? Thank you!</P> Wed, 11 Feb 2026 07:43:25 GMT https://ttlc.intuit.com/community/taxes/discussion/self-employed-simple-ira-3-matching-contribution/01/3334320#M1228260 mpsekhon 2026-02-11T07:43:25Z https://ttlc.intuit.com/community/taxes/discussion/re-self-employed-simple-ira-3-matching-contribution/01/3334570#M1228372 <P>I am answering my own question in case it helps someone. For my purposes, the 3% contribution seems to be the result of the following formula:</P><P>(Schedule SE Line 3 - Schedule SE Line 13) x .03 = 3% Employer Contribution</P> Mon, 15 Apr 2024 12:45:16 GMT https://ttlc.intuit.com/community/taxes/discussion/re-self-employed-simple-ira-3-matching-contribution/01/3334570#M1228372 mpsekhon 2024-04-15T12:45:16Z