ncCPAp on the GO!

1065 K-1

  • 1.  1065 K-1

    Posted 12 days ago
    A partners K-1 shows in box 13 R other deductions for money contributed to a retirement plan (profit sharing and match contribution). Is the partner also able to fund and deduct  a contribution made with their own funds to a 401K plan?

    Ken
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    Kenneth Schuster CPA
    6800 Jericho Tpke  #209W
    Syosset, NY 11791
    (516) 364-1600 (Voice)   (516) 364-1603 (Fax)




  • 2.  RE: 1065 K-1

    Posted 12 days ago
    No

    Sent from my iPhone





  • 3.  RE: 1065 K-1

    Posted 12 days ago
    I believe I looked into that and the answer was no. Cant recall the reference but open the question to your new NCCPAP friends!

    M