thepensionmaven Posted June 16, 2021 Posted June 16, 2021 My client is self employed, sponsors a DB plan, no employees. For 2020, he is not showing any Schedule C income; he has arranged to deposit $6000 per month into the plan brokerage account. The accountant at least knew he could not deduct as a pension expense and "buried" the amount. Would this amount be shown as contribution on SB?
Bill Presson Posted June 16, 2021 Posted June 16, 2021 If it isn't a contribution, what could it possibly be? Lisa.Q, Luke Bailey, Lou S. and 1 other 4 William C. Presson, ERPA, QPA, QKA bill.presson@gmail.com C 205.994.4070
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