Guest kla1 Posted February 14, 2002 Posted February 14, 2002 Is there anywhere in the code that prohibits an owner of an LLC in a SIMPLE ira to not be able to receive the ER match?
Gary Lesser Posted February 14, 2002 Posted February 14, 2002 No prohibition. If taxed as a partnership, then use earned income of owner, otherwise W-2 compensation for the year. Dividend/profit distributions do not qualify,
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