Comparison of Contributions By Plan Type
Compensation Quick Reference Chart
|Entity Type||Source of Income||Compensation for Plan*|
|S-Corporation||W-2 + Schedule K-1 (Form 1120-S)||W-2 only. K-1 is disregarded.|
|Sole Proprietorship||Schedule C||Earned income (calculate)**|
|Partnership||Schedule K-1 (Form 1065)||Earned income (calculate)**|
*Capped at $275,000 per year (2018 limit. Indexed for inflation.)
**Net income, less certain adjustments, such as 1/2 of self-employment tax.