My Account
Sign up, and CougarBoard will remember which categories you want to view.
Sign up
Report problem with this ad
Start a related thread
Start a related poll
Reply via Boardmail
Feb 24, 2020
7:23
:56
pm
ebv
All-American
Great clarification, and one I wasn't necessarily thinking about. Thank you!
Start a related thread
Start a related poll
Reply via Boardmail
Report problem with this ad
ebv
Bio page
ebv
Joined
Jan 12, 2011
Last login
May 3, 2024
Total posts
11,891 (679 FO)
Report problem with this ad
Messages
Author
Time
Sole-Proprietor SEP IRA Question: Does it matter if $ comes from business
ebv
2/24/20 10:27am
It's an individual retirement account. Doesn't matter where you get the $$
byuprof
2/24/20 10:29am
Do you have an accountant and tax preparer?
Cougrrrs Roll
2/24/20 10:31am
Super helpful, bro. I just want to understand the process.
ebv
2/24/20 10:37am
OK so don't talk to an accountant or tax preparer
Cougrrrs Roll
2/24/20 9:13pm
You think I'm rude? Lol. Thanks, friend. Appreciate it.
ebv
2/25/20 6:24am
As a sole proprietor there's no difference. If you were an S-corp or C-corp it would have to come from the business acct
RdF3
2/24/20 10:35am
This is what I suspected. Thanks.
ebv
2/24/20 10:37am
Transfer money from your personal account to your business account and pay it
BYU-Ite
2/24/20 10:37am
do you have employees?
byuprof
2/24/20 10:43am
Nope. Sole-proprietor--hence the question whether the source matters.
ebv
2/24/20 10:45am
a sole proprietor can have employees.
byuprof
2/24/20 5:56pm
Great clarification, and one I wasn't necessarily thinking about. Thank you!
ebv
2/24/20 7:23pm
Report problem with this ad
Posting on CougarBoard
In order to post, you will need to either
sign up
or
log in
.
Report problem with this ad
