I file my taxes using a Schedule C, and I usually get at least one 1099-MISC. I do not have any employees.
I am trying to reduce my taxable income in the first two quarters of 2018. I've read that some retirement contributions such as those made to a SEP IRA or a Keogh can do this.
Do I qualify for either of these? And could I use them to reduce my taxable income in the first quarter or two of 2018?
I am trying to reduce my taxable income in the first two quarters of 2018. I've read that some retirement contributions such as those made to a SEP IRA or a Keogh can do this.
Do I qualify for either of these? And could I use them to reduce my taxable income in the first quarter or two of 2018?
Making Retirement Contributions Deductible from Schedule C Income
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