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In anticipation of the upcoming May 15th deadline, we've compiled a list of the most common questions here.
In anticipation of the upcoming May 15th deadline, we've compiled a list of the most common questions here.
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- how do you calculate the sep contribution for a sub s owner
how do you calculate the sep contribution for a sub s owner
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jay47
Level 1
10-06-2022
01:59 PM
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TaxGuyBill
Level 15
10-06-2022
02:08 PM
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Multiply their wages by the percentage the business allows (up to 20%). That is the amount the business can contribute to the SEP.
