wanaberetiree
Full time employment: Posting here.
- Joined
- Apr 20, 2010
- Messages
- 718
I am looking for people who can share personal experiences with individual (solo) 401-K plans.
Likes-dislikes, do's-don't do's?
In participial one question - how do contributions get reported on taxes?
Say if I am a contractor and work on W-2 - how will I report my 401K contributions to take advantage of tax deductions?
And what the form 5498 is about?
Thx
Likes-dislikes, do's-don't do's?
In participial one question - how do contributions get reported on taxes?
Say if I am a contractor and work on W-2 - how will I report my 401K contributions to take advantage of tax deductions?
And what the form 5498 is about?
Thx