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    SEP IRA Contribution

    A corporation made SEP IRA contribution for it's employee. Where is the contribution amount to be claimed as an expense on the Form 1120? Is it under 'employee benefit programs'?

    #2
    Line 23 - Pension, Profit Sharing, etc
    "The only function of economic forecasting is to make astrology look respectful" - John Kenneth Galbraith

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      #3
      Originally posted by JohnH View Post
      Line 23 - Pension, Profit Sharing, etc
      Thank you.

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