| What Qualifies as Compensation for Solo 401k Contribution Purposes | |||
| COMPESATION | NOT COMPENSATION | ||
| If owner-only employees of S-Corp. or C-Corp. with no full-time employees and have amount shown in box 1 of Form W-2 | Social Security Benefits | ||
| If sole-proprietor with line 31 Schedule C income | Rental Income (Unless it is the taxpayer’s business) | ||
| If partnership with self-employment income reported on Schedule K line 14 | Interest Income, Dividend Income, and Capital Gain Income | ||
| Child Support | |||
| Life Insurance Proceeds | |||
| Deferred Compensation | |||
| Disability Payments and Unemployment Income | |||
About MySolo401k
We help our clients take control of their retirement money. Our products and services provide our clients the freedom to invest their retirement savings in their own business as well as alternative investments such as real estate, private companies, promissory notes, precious metals, tax liens and equities.
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