Hi, Thank you for your quick reply.I do have a Schedule C, and the subtraction of the deduction of line 14 ($14,600) from my AGI on line 11 (approx negative $8K...
My sole proprietorship is in a similar position, but for 2024. My expenses are larger than my income, since I moved to a new state and am having to rebuild clie...
OK. That leads back to my main question which is - do you happen to know if I need to make that designation on a separate form?My SEP custodian has told me that...
Thank you.Just to make sure that I'm understanding your answer -- are you saying that as long as I put the correct amount (maximized for that year) into the SEP...
