Afternoon: Below please find the scenario, any thoughts that you would share would highly appreciated. Scenario: One has made contribution to one’s SEP in 07. During 07, one direct rolled over SEP to solo 401k since one realized that higher contribution will be needed. Questions: 1. The contribution made to SEP in 07 will be reported to IRS as SEP contribution? 2. If one makes additional contribution to Solo 401k for 07, will this be reported to IRS as well? 3. If the answers are yes to both questions above, then what's the contribution limit? Go with the solo 401k limit? And the SEP contribution will be counted as part of the Solo 401k's contribution? Thank you kindly in advance. The same questions are being inquired to other CPAs and Retirement Specialists. I'll advise the responses upon receipt of the replies.