LLC Spouses

USA Discussion in 'Businesses / Corporations' started by deegraham31, Jun 12, 2018.

  1. deegraham31


    Jun 12, 2018
    Likes Received:
    Let's say, my husband paid me 500 as a contract employee (so I don't have to claim it), can he start and SEP for me, that can then be written off on the income.

    Can he have an SEP for his LLC and a traditional IRA to be deducted (from his other full time job that there is no retirement)?
    deegraham31, Jun 12, 2018
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