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Robin (32) is the sole proprietor of a sushi restaurant. In 2022, she made SEP-IRA contributions on behalf of herself and three employees.Her contributions were
Robin (32) is the sole proprietor of a sushi restaurant. In 2022, she made SEP-IRA contributions on behalf of herself and three employees.Her contributions were made in the following amounts: $6,000 in employer contributions for her employees. $3,500 in employer contributions to her own SEP-IRA. How much will robin deduct on Schedule 1 Form 1040), line 15 ( Self-employed SEP, SIMPLE, and qualified plans)? $0. $3,500. $6,000. $9,500
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