DB deduction

[Guest Shrek'sconfused]

Can we adjust on page 1 of 1040 a DB contribution where the partner has 0 self-employment income?

[Blinky the 3-eyed Fish]

Are you asking whether or not you can take a deduction for a contribution to a plan where the partner has no net earned income? If so, NO!

Aren't you discussing this in other threads?

[Guest Shrek'sconfused]

Are you asking whether or not you can take a deduction for a contribution to a plan where the partner has no net earned income? If so, NO!

Aren't you discussing this in other threads?

Last week I started a topic about a multiple er plan trying to allocate 100% of the deduction to the 1040 rather than the 1120. The question apparently was confusing because I've been re-stating facts since then. So I pulled the questions apart.

I just need authority. I can't figure out why the corp can deduct with a loss but the self employed can not take the deduction. Are DB deductions limited to the 25% like DC's are?

I do not believe IRC 172(d)(4)(D) has anything to do with this scenario. There is no NOL generated from the proposed scheme.

[Blinky the 3-eyed Fish]

404(a)(8)©

[Guest Sieve]

Old thread, but . . . I think a self-employed person can take a deduction for the portion of the contribution representing his/her common law employees even though he/she has no earned income. IRC Section 404(a)(8)© only limits the portion of the contribution made "on behalf of" the self-employed individual.

[GBurns]

Since it is a partnership, an expense related to employees or employer contributions should be expenses of the business entity not the partner. But really I find the post confused/confusing.