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New Member
posted Apr 16, 2020 12:31:07 PM

Can I deduct origination expenses and/or recurring expenses related to a Solo 401k? I used a third party service to create my Solo 401k.

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1 Best answer
Expert Alumni
Apr 16, 2020 1:21:57 PM

If your business pays them, you can deduct them as a business expense.  You would list this expense in the category "Employee Benefit Expenses". 

 

 

1 Replies
Expert Alumni
Apr 16, 2020 1:21:57 PM

If your business pays them, you can deduct them as a business expense.  You would list this expense in the category "Employee Benefit Expenses".