fed x driver's retirement plan

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  • Possi
    Senior Member
    • Mar 2006
    • 1432
    #1

    fed x driver's retirement plan

    Hey, My FedX driver has money withheld for HR-10 which is retirement.
    He is paid on a 1099.
    I believe this money is included in the 1099, so if it is, I take the adj on Pg 1 under self-employed retirement as if it were a SEP.

    Any objections??
    thanks!
    ~possi
    "I am proud to pay taxes in the United States. The only thing is I could be just as proud for half the money." Arthur Godfrey
    Tags: None
    • Bees Knees
      Senior Member
      • May 2005
      • 5456
      #2
      I agree. Deduct Keogh contributions on line 28, Form 1040. A Keogh is a qualified self-employed plan.

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        • Possi
          Senior Member
          • Mar 2006
          • 1432
          #3
          gracias!

          Many thanks, Bees!
          "I am proud to pay taxes in the United States. The only thing is I could be just as proud for half the money." Arthur Godfrey

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