Big SEP IRA Mistake
New client erroneously made $150k SEP contributions total between 2020/2021/2022 because he thought he could contribute based on 14a self-employment income from a partnership.
What would you advise?
New client erroneously made $150k SEP contributions total between 2020/2021/2022 because he thought he could contribute based on 14a self-employment income from a partnership.
What would you advise?
Submitted by Paul spumoni on Wed, 2024-03-06 15:58