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Keogh/SEP Plan Contribution
Name:
ID:
1.
Tax Year:
2010
2009
2.
Contribution Rate for Plan (Maximum 25%):
%
3.
Salaries for Eligible Employees during the Year:
4.
Contribution for Employess (Line 2 x Line 3):
5.
Net SE Income before Deductions for Employee Contrib.:
6.
Net Earnings from Self-Employment (Line 5 - Line 4):
7.
One-Half of Self-Employment Tax:
8.
Adjusted Self-Employment Earnings (Line 6 - Line 7):
9.
Adjusted Contribution Rate for the Plan:
%
10.
Multiply Line 9 by Line 8:
11.
Ceiling - smaller of (a) or (b) below:
(a) $
:
(b) Multiply Keogh Limit (
) and Line 2:
12.
Employer's Deduction (Smaller of Line 10 or Line 11):
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