I am an owner and only employee in my s-crop. As an employer, I contribute 25% of my salary compensation (W2) into my solo 401k account. Should this 401K contribution be input in 1120S Line17 (Pension, Profit-Sharing, etc., Plans)? Or another possible place is in 1040 as I "pass-through" from K1, I input this employer's 401K contribution in 1040 Schedule 1 line 15 (Self-Employed SEP, SIMPLE, and Qualified Plans)? Thank you
... View more
We provide you with a way to opt-out of advertising activities on our websites
We leverage outside service providers who assist us with our marketing and advertising activities. Note: by opting-out of this tracking, you may still see Intuit advertisements, but they may not be tailored to your interests.