Individual 401-K

[nshah]

:confused: Schedule C Self Employment Income of 200,000.Can any one help me to calculate how much maximum I can contribute to Solo 401 K in 2008 and how much Profit sharing Contribution? And How much Schedule C income will be subject to Self employment Tax?

[SteveR]

My suggestion would be to find a competent tax CPA and ask those questions. However, if you wish to join in the discussion on Early Retirement by all means you are in the right spot. If so, please give us a little information about yourself. If not, then perhaps you are in the wrong place.