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Subject:  Keogh vs. SEP Calcs Date:  4/14/1999  12:44 PM
Author:  cagilbert Number:  14664 of 127616

According to Turbotax (and I assume the IRS and other tax programs) I calculate the Keogh from the self-employment income from the Schedule SE net profit/less. However, the SEP is calculated from the next line which is the net profit/loss * 92.35%. Why is this?

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