Go Back   CDN Business Directory > Main Category > Taxes

 
 
Thread Tools Display Modes
 
Old 02-07-2005, 04:41 PM
Phil Marti
Guest
 
Posts: n/a
Default Re: 401K for Taxicab driver

"A. Nonymous" <anrnoussy[at]comcast.net> wrote:

- quote -

> I own a Taxicab that I drive part time. I have a full time
> job where I contribute max to a 401K and I also have an IRA.
> Can I still use some sort of retirement plan (401k or IRA)
> for the Taxicab business.


If by "max" to the 401(k) you mean the $$ maximum for the
year, your only available option for the taxi income is a
SEP. See Publication 560.

--
Phil Marti
Clarksburg, MD

<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->
  #-1  
Old 02-03-2005, 06:44 PM
A. Nonymous
Guest
 
Posts: n/a
Default 401K for Taxicab driver

I own a Taxicab that I drive part time. I have a full time
job where I contribute max to a 401K and I also have an IRA
.. Can I still use some sort of retirement plan (401k or IRA)
for the Taxicab business.

ThanX

<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->
 

Tags
401k, driver, taxicab
Similar Threads
Thread Forum Replies Last Post
Is there an ODBC driver available for MS Money?
Starbuckeroo: I'm looking for either odbc drivers or file layouts for Money in order to automate a process. Does anyone know of any way to reliably extract data...
Microsoft Money 2 10-23-2007 12:43 AM
401K Manager or Balancing 401K Account
Joe Doe: Can anyone make the case for me to go through th exercise of balancing a 401k account or balancing through the 401K manager? I am careful to enter...
Microsoft Money 2 01-08-2007 05:14 PM
Quicken 401k to Money 401k
Jim: Just replaced my Quicken with Money 2004. Everything converted well. Only thing I can't figure out: I have an account "My 401k" ... in Quicken.. ...
Microsoft Money 1 10-05-2003 01:07 PM
Access to web page for OFX Driver for Money 98
Ken O'Dell: When a file is downloaded from my financial Inst. in the ofx format money 98 says need a file update and askes you to launch your browser to the...
Microsoft Money 2 07-07-2003 08:49 PM



Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

All times are GMT. The time now is 03:06 PM.