Sch C Taxpayer is also W2 Employee. Can he contribute to 401k at work and have a solo 401k tied to his Sch C?
Sch C taxpayer also works as a W2. contributes to 401K at work. Can he also have an individual 401k connected to his Sch C?
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03/15/11 5:23pm PDT
Yes, but he gets one deferral limit.
The more I know, the more I don't know.
04/02/11 2:41pm PDT
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But Lacerte will also calculate the employer's contribution for the Sch C
