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Subject:  Re: SEP-IRA Contribution Date:  1/14/2005  8:13 AM
Author:  atljcr Number:  44029 of 88077

For SEP-IRA contributions you use the gross pay amount not the net. If an employee's pay for the year is $50,000 gross and you were using a ten percent contribution then the total contribution would be $5,000
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