-
Sep contribution
EMPLOYER IS MAKING A $54,000 CONTRIBUTION TO HIS SEP. His $54,000 contribution is only 10 % of his income. Although he has selected to take 25% or $54000 which ever is less, does he have to contribute 25% of his employee's wages, or can he contribute 10% of the employee wages, since technically he is only contributing 10% of his income?
Similar Threads
-
By Roy in forum Main Forum / Tax Discussion
Replies: 9
Last Post: 04-06-2017, 04:20 PM
-
By Burke in forum Main Forum / Tax Discussion
Replies: 2
Last Post: 11-25-2013, 09:10 PM
-
By Questionguy101 in forum Main Forum / Tax Discussion
Replies: 2
Last Post: 01-23-2012, 04:47 PM
-
By NotEasy in forum Main Forum / Tax Discussion
Replies: 14
Last Post: 09-22-2011, 06:27 PM
-
By jmc in forum Main Forum / Tax Discussion
Replies: 1
Last Post: 08-14-2011, 10:18 AM
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts
-
Forum Rules
Disclaimer: This message board allows participants to freely exchange ideas and opinions on areas concerning taxes. The comments posted are the opinions of participants and not that of Tax Materials, Inc. We make no claim as to the accuracy of the information and will not be held liable for any damages caused by using such information. Tax Materials, Inc. reserves the right to delete or modify inappropriate postings.
HOME
ORDER
ABOUT US
CONTACT
Reply With Quote