Schedule C, last year's ee cost

[Bri]

Anyone get this issue, where the accountant is throwing the 2014 staff contributions on line 19 of the 2015 Schedule C before sending it our way to finish the pension calculations? (Amounts deposited in 2015 but FOR 2014.)

I didn't think it was a legitimate option, but would be willing to hear comments on it.

I've typically grossed the net earnings back up by that prior-year number and started from there, providing them with the contributions for 2015 as what really should go on line 19.

But if there is indeed flexibility on that, then I suppose it's okay. (Although I'd be more likely to frown if he tries to deduct the 2014 employee amounts with his 2015 owner amounts on his 2015 return.)

Thanks.

-bri

[My 2 cents]

The question does not appear to match the layout of Form 5500 Schedule C. Schedule C of what form? 1040? Something else?

Is this an individual tax question or a 401(k) filing question?

[Bird]

Anyone get this issue, where the accountant is throwing the 2014 staff contributions on line 19 of the 2015 Schedule C before sending it our way to finish the pension calculations? (Amounts deposited in 2015 but FOR 2014.)

Yeah. I just do my best to try to get them to do it "right" but they're always more interested in getting the numbers in (any numbers) and moving on. I try to do my end of it correctly and figure the deductions are not my problem.