SEP IRA

Client has 3 employees – herself, a full time assistant and a part-time employee. Part time employee would like to file her taxes before the client has determined what percentage she will contribute to each employee for 2019 contributions. Client believes she can come up with an estimate of percentage she will contribute prior to employee’s filing and has already generated the
W-2 forms. Do you see a problem with the early filing if she can come up with a reasonable estimate of the contribution?
Thanks.



No. SEP Contributions are not reported on the employee’s W-2.



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