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I have a SEP IRA for my S Corp Can I also open a traditional
I have a SEP IRA for my S Corp Can I also open a traditional IRA for my pension and severance income ?… read more
Lev
Lev
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Bachelor's Degree Equivalent
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For LEV only If I take out 100 K from 401(k) and I claim 33%
For LEV only If I take out 100 K from 401(k) and I claim 33% income for this year, can I contribute up to 25% of it +25% of my 50k salary from my S Corp. into my SEP IRA?… read more
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Lev
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Advise: I have a sole member LLC / taxed as an S Corp. I
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Can a contractor who receives 1099 over 60 years old open a
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Lane
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My question is related to 401k, SEP IRA and "" Roth IRA. At
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SEP IRA. Which bank account do I pay from, if I am an s-corp
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PDtax
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I have an S-Corp with only me and my wife working. I am
I have an S-Corp with only me and my wife working. I am thinking of opening SEP IRA for financial year 2018. Can I open it before Apr 15, 2019 and still show for year 2018 tax filing since today is 3/… read more
Lev
Lev
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Bachelor's Degree Equivalent
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Does a S corporation deduct the SEP IRA contribution expense
does a S corporation deduct the SEP IRA contribution expense or does the owner deduct the expense on their 1040 federally and in california… read more
Lev
Lev
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Bachelor's Degree Equivalent
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I have a two clients that operate an LLC. They provide
I have a two clients that operate an LLC. They provide advisor services in the medical field. They each have other jobs where they contribute to a 401k. I have advised them they can also set up a (SEP… read more
Lane
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Doctoral Degree
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I would like to open a Self Employed 401K. I have 2 main
I would like to open a Self Employed 401K. I have 2 main sources of income - a medical practice with no pension plan and an about $13,OOO that I have earned from consultant practice outside the main m… read more
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We are a single member LLC filing a Schedule C. Because we
We are a single member LLC filing a Schedule C. Because we need more deductions to lower our crazy high tax for 2016, the only other option I was reading up on that could help us for 2016 as a deducti… read more
Lev
Lev
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Bachelor's Degree Equivalent
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I am self employed, and my company is both an s-corp and an
I am self employed, and my company is both an s-corp and an LLC. I am the only employee. I am able to make the maximum allowable sep ira contribution. recently, I incorporated my sep-ira into a sep ir… read more
PDtax
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As a Subchapter S corp and employee can my firm make
okay as a Subchapter S corp and employee can my firm make contributions to me in the form of a Sep-IRA? … read more
Lane
Lane
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Doctoral Degree
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My web development company was incorporated in Los Angeles,
My web development company was incorporated in Los Angeles, CA about 2 years ago. I am the only member/employee of the corporation. I have a SEP IRA through the company as well as a personal SEP IRA.F… read more
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I have a client who wants to contribute to a SEP. He is the
I have a client who wants to contribute to a SEP. He is the sole owner of an S-Corp which he has a projected salary amount of $75,000.00 for 2014. He wants to his Corporation to contribute the maximum… read more
PDtax
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I own an s-corp and bring in $150,000 in profits on my k-1
I own an s-corp and bring in $150,000 in profits on my k-1 that rolls into my personal 1040. my wife works in the business and I received 40k in wages and she received 30k. We would like to set up a S… read more
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Lane
JD, MBA, CFP, CRPS
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Dear CPA, I have 3 ice cream stores under separate S corporations
Dear CPA, I have 3 ice cream stores under separate S corporations in California. I get $2k monthly from each store/s corp. 1). How much can I contribute by opening an SEP IRA account? I am planning to… read more
Rakhi Vasavada
Rakhi Vasavada
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Bachelor's Degree
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Dear Expert, I am a small business owner (S Corp) who got
Dear Expert, I am a small business owner (S Corp) who got $50K as W2 wages from my small business in 2012. I had 10K in depreciation-loss, so my K1 shows $40K income. 1. I understand law allows to put… read more
Rakhi Vasavada
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Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

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