Solo 401(k) deduction

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  • dkbecker@yahoo.com
    Junior Member
    • Mar 2020
    • 1
    #1

    Solo 401(k) deduction

    I have a partnership with 2 partners. Each partner has self-employment income of $104,000. They are both over age 50. What is my max deduction for each on their K-1 for their 401(k) I have tried different sources and each time get a different answer. Thanks
    Tags: None
    • terryats
      Senior Member
      • Jan 2019
      • 258
      #2
      Start here from IRS: https://www.irs.gov/retirement-plans...-plan-purposes

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