TAMRANDY Posted March 27, 2009 Report Share Posted March 27, 2009 Where does the SEP contribution is deducted for a sole owner (officer) of the S Corp. (W-2 was issued for the officer). On the 1120S return or 1040 of the owner’s return? Quote Link to comment Share on other sites More sharing options...
lsowers Posted March 27, 2009 Report Share Posted March 27, 2009 On the 1120S pg 1 on the line that says pension plans. Make sure they don't exceed the contribution limit. Quote Link to comment Share on other sites More sharing options...
JohnH Posted March 27, 2009 Report Share Posted March 27, 2009 Also be sure the "Pension Plan" box was checked on the W-2 when it was issued. Quote Link to comment Share on other sites More sharing options...
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