Pepm
Level 1

can an officer of a c-corp with no salary deduct a sep ira based on the profits

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rbynaker
Level 11
abctax55
Level 15

@rbynaker  - jinx 😃

@Pepm - ARE you aware that C-corp income stays with the Corp?

(I wanna be a member of the pot stirring club too)
abctax55
Level 15

Nope.

At least not based on the profits of the C-Corp

 

 

(I wanna be a member of the pot stirring club too)