Row 48077

Row ID: 48077 | Dataset Entry | Axioma AXP Content Repository

Content Data

This page contains data entry 48077 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

I’m a bit confused on the rules regarding contributing to the solo 401k or SEP IRA if my side business has a net loss or breaks even at the end of the year. I understand this is due to deducting self employment tax, etc, but how do businesses know their end of year profit vs loss while trying to invest with available current income? My small side business is new and may or may not turn a profit but would like to open one of these accounts. Any insight is appreciated, thanks!

FieldValue
text I’m a bit confused on the rules regarding contributing to the solo 401k or SEP IRA if my side business has a net loss or breaks even at the end of the year. I understand this is due to deducting self employment tax, etc, but how do businesses know their end of year profit vs loss while trying to invest with available current income? My small side business is new and may or may not turn a profit but would like to open one of these accounts. Any insight is appreciated, thanks!
label r/investing
dataType post
communityName r/investing
datetime 2024-05-22
username_encoded Z0FBQUFBQm5Lak1SZHlvWEpnNmpZYkFURmxHU1pFQVEwSEZyWXRyMVdhdXB1NVlSck9kcjdCcnhZR09EaEVXclU5cEwtQl8xQ1lqemViV0Y0cFV0bHBXbHVtcC16TGF1Z3c9PQ==
url_encoded Z0FBQUFBQm5Lak9nS1JiUHRhQVY4ajNsMXU1YWtRcEtEaUdfcFNGNFJjNlhON29mdS1zUGFBbF90bjJoWThXYTQ5SEN2SmJ4RV9TV2dzX1FuS3p2TnN2ZkhTMUdaYVdWWlJSOEdMSjNOVVRGNHFYa21Tc19FM3VFZDVZZnFIOHozbWJsaTVVejNRYW5SMVZGUmxZRE9NbHA5TDZRNmVGZmctUUhrQzg0VzJ3a094MC1RbFRNRFdXZDNwYmE5NDJoeUR6UUFMcGxub1hwTV9NUEo3LWxnb0VkQzI4TWlSRDBMdz09

Raw Record

{
  "text": "I’m a bit confused on the rules regarding contributing to the solo 401k or SEP IRA if my side business has a net loss or breaks even at the end of the year. I understand this is due to deducting self employment tax, etc, but how do businesses know their end of year profit vs loss while trying to invest with available current income? My small side business is new and may or may not turn a profit but would like to open one of these accounts. Any insight is appreciated, thanks! ",
  "label": "r/investing",
  "dataType": "post",
  "communityName": "r/investing",
  "datetime": "2024-05-22",
  "username_encoded": "Z0FBQUFBQm5Lak1SZHlvWEpnNmpZYkFURmxHU1pFQVEwSEZyWXRyMVdhdXB1NVlSck9kcjdCcnhZR09EaEVXclU5cEwtQl8xQ1lqemViV0Y0cFV0bHBXbHVtcC16TGF1Z3c9PQ==",
  "url_encoded": "Z0FBQUFBQm5Lak9nS1JiUHRhQVY4ajNsMXU1YWtRcEtEaUdfcFNGNFJjNlhON29mdS1zUGFBbF90bjJoWThXYTQ5SEN2SmJ4RV9TV2dzX1FuS3p2TnN2ZkhTMUdaYVdWWlJSOEdMSjNOVVRGNHFYa21Tc19FM3VFZDVZZnFIOHozbWJsaTVVejNRYW5SMVZGUmxZRE9NbHA5TDZRNmVGZmctUUhrQzg0VzJ3a094MC1RbFRNRFdXZDNwYmE5NDJoeUR6UUFMcGxub1hwTV9NUEo3LWxnb0VkQzI4TWlSRDBMdz09"
}
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