Solo 401k Contributions
A Solo 401k is generally funded by contributions on your own behalf.
Contribution deadline. You can make deductible contributions for a tax year up to the due date of your return (plus extensions) for the that year.
Self-employed individual. You can make Solo 401k contributions on behalf of yourself only if you have net earnings (compensation) from self-employment in the trade or business for which the Solo 401k Plan was set up. Your net earnings must be from your personal services, not from your investments. If you have a net loss from self-employment, you cannot make contributions for yourself for the year.
Click on Solo 401k Employer Contributions to learn more.
Contribution deadline. You can make deductible contributions for a tax year up to the due date of your return (plus extensions) for the that year.
Self-employed individual. You can make Solo 401k contributions on behalf of yourself only if you have net earnings (compensation) from self-employment in the trade or business for which the Solo 401k Plan was set up. Your net earnings must be from your personal services, not from your investments. If you have a net loss from self-employment, you cannot make contributions for yourself for the year.
Click on Solo 401k Employer Contributions to learn more.