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    modest_16081982's Avatar
    modest_16081982 Posts: 6, Reputation: 1
    New Member
    		  
    #1

    Apr 9, 2009, 11:25 PM
    SEP-IRA deductions
    Hi,

    I went on H1B from OPT in Oct 2008 so I am filing the Form 1040 NR-EZ. I am single and resident of India.

    My employer has a SEP-IRA plan and it contributed around $3000 towards my SEP-IRA for 2008. I opened an account with fidelity and deposited that amount there.

    I read that one can take tax deductions for the SEP-IRA contributions. Where can I take those deductions on 1040 NR-EZ?
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #2

    Jun 9, 2009, 11:23 AM
    Your employer's contribution is NOT deductble on your tax return; only YOUR contribution is deductible.

    If you made a contribution, it must be reported on Form 1040NR, not 1040NR-EZ.
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