Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How much of the employer’s SEP contribution is tax-deductible?

April 26, 2017contribution employer SEP tax-deductible

0

Posted

How much of the employer’s SEP contribution is tax-deductible?

1 Answer

0

Posted

All eligible employees of the small business owner must receive a SEP contribution representing the same percentage of compensation. The percentage is determined by the business owner each year, and may be as much as 25% or as little as zero.