SEP/Defined Contribution plan payments & 401(k) contribution for 2% S S/H

[jmc]

The only qualified retirement plan available on a tax deductible basis to more than
2% shareholders of an S corporation is the Keogh plan.

Then, where on 1120S should SEP/Defined Contribution plan payments & 401(k) contribution for more than 2% shareholders be reported?

[ChEAr$]

The only qualified retirement plan available on a tax deductible basis to more than
2% shareholders of an S corporation is the Keogh plan.

Then, where on 1120S should SEP/Defined Contribution plan payments & 401(k) contribution for more than 2% shareholders be reported?

Not so. A Keough plan is only for self employed individuals, thus not available in this case, not EVEN to a shareholder, and not even if that shareholder is an employee of the corporation.
(remember the difference between shareholder/employee/officer; not always synonymous).

As for the second idea, I'm not sure that an S corporation employee (even IF he is a shareholder!) can participate in both the SEP and a 401(k). Maybe that answer is in the Taxbook (tm)