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Posted

I active and 1 inactive partner in an LLC taxed as partnership.

DB plan contribution generally is not supposed to create a loss, (I can't find the thread on that subject but I believe there is at least one) to a sole proprietor. Is it also true to a partnership where profit & loss pass through to 1040?

Posted

Yes it is true. The deduction is taken on 1040 against earned income from partnership, and can not create a loss. See IRS publication 560 for more details.

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