summer123
Level 1
07-14-2020
01:37 PM
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My client and his spouse are both the owners of a S corp, they want to make a contribution to individual 401k. The problem is the contribution was made under his spouse's name, but when I enter the amount in Proseries under his spouse's name, it does not deduct anything. So I try to enter the amount under his name, and it works. I am so confused, is there any difference between the contribution made toward taxpayer and spouse while both of them are the owner of the company?
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