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fed x driver's retirement plan

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    #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
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    #2
    I agree. Deduct Keogh contributions on line 28, Form 1040. A Keogh is a qualified self-employed plan.

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      #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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