| http://www.w3.org/ns/prov#value | - Your SEP-IRA contribution would be $21,500 and you would be allowed a $21,500 tax deduction on your corporation federal income tax return.If your small business is a corporation, it is easy to compute the amount that you can contribute to your own SEP-IRA. You simply multiply your W-2 compensation by the percentage contribution that you have selected.
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