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S corporation - can I contribute to a 401k plan - not

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S corporation - can...

S corporation - can I contribute to a 401k plan - not through w2

Accountant's Assistant: The Accountant will know how to help. Please tell me more, so we can help you best.

But through the s corp

Accountant's Assistant: Is there anything else the Accountant should be aware of?

And where do I report on 1020s

Submitted: 2 years ago.Category: Tax
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2/29/2016
Tax Professional: Stephen G., Sr Income Tax Expert replied 2 years ago
Stephen G.
Stephen G., Sr Income Tax Expert
Category: Tax
Satisfied Customers: 7,439
Experience: Extensive Experience with Tax, Financial & Estate Issues
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The 401(k) has to be established by December 31st of the tax year you are filing the 1120(S) for.

You can use a self-employed 401(k) if you don't have any employees other than your spouse

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Tax Professional: Stephen G., Sr Income Tax Expert replied 2 years ago

Do you have any additional follow-up questions?

If not, please remember to rate my response as that is the only way we receive credit for our work.

Thanks very much,

Steve G.

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