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Old 01-25-2007, 09:36 PM
TaxGuru TaxGuru is offline
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Join Date: Jan 2007
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In general, a self-employed business person who has a one man operation, cannot usually deduct his or her own pension contribution on Scheduel C.

Unfortunately, the deduction is reported as an adjustment to income on page 1 of form 1040. Thus, there is no saving from S/E taxes!!!
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