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SEP ira
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boakfarms
Posted 8/5/2022 18:57 (#9782264 - in reply to #9782005)
Subject: RE: SEP ira


New Castle, PA
Better check in to ALL the details . I opened one last winter on the advice of my former accountant and put a sizable chunk into it . We have a new CPA now and he pointed out the fact that I was not eligible for a SEP account due to some very specific guidelines which I am not going to get into here . Had to back track on the Sep account ,pull it back out and then file a amended tax return ,all of which were not looked at very favorably by the IRS.
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