Thank you. No, it isn't a hobby.I was worried about those 3 years though.It would have been better if he had generated 0 income in 2019 and used it sheerly as a...
Correct Patricia V. I agree with you.Earlier advice was in-correct.Deductible traditional SEP IRA contributions as a sole proprietor appear on Schedule 1, line ...
Thank you. I appreciate the response. But your advice seems somehow incorrect.Because the "Question" - It's an Order rather, because it says,"Enter ...the amoun...
I have the same question:What do I fill out here, under "RETIREMENT CONTRIBUTION ALLOCATION"?(TY23 Turbo Desktop Version)I made a SEP contribution of $600.Under...