SEP Contribution

My broker-dealer requires that a form accompany my client’s SEP contribution. Among other things, the form requires us to designate the source of the contribution, employee or employer. This client is a sole proprietor. In this case, I don’t think it matters whether we designate the source as either employee or employer. Am I missing something?



The contribution should be shown as an employer contribution. An employee contribution would be a typical TIRA contribution (not a SEP contribution) but made to a SEP IRA account.



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