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K1 and W2 - SEP IRA Eligibility?

 

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Subject Author Date
K1 and W2 - SEP IRA Eligibility? Jim Garrison 06-19-2007
Posted by Jim Garrison on June 19, 2007, 9:30 pm
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I have been a partner in a firm, receiving K1s, for several
years. I have a personal SEP-IRA. This year I am going to
receive W2 income in addition to K1 income. Can I still
contribute up to 25% of my K1 income to the SEP-IRA?

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