Dougsbpc Posted May 24, 2014 Share Posted May 24, 2014 A sole proprietor does business from 1/1/2007 to 12/31/2010. He then forms a corporation on 1/1/11 and also hires an employee on that date. On 1/1/2013 the corporation adopts a SEP that requires 3 years to be eligible. Can the business owner be eligible for the SEP by counting years with his sole proprietorship? Thanks. Link to comment Share on other sites More sharing options...
Bird Posted May 27, 2014 Share Posted May 27, 2014 I'd say yes. You might have to review the adoption agreement to confirm that service with members of a controlled group is counted. Ed Snyder Link to comment Share on other sites More sharing options...
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