I want to maximize my solo 401k profit-sharing contribution, do I need to artificially increase my W-2 salary to do this legally?

Question

Kohari Gonzalez Oneyear & Brown · Accepted Answer

For a solo 401k, the interaction between W-2 compensation and profit-sharing is often central, and the answer typically depends on how the business is structured, the level of earned compensation, and whether the salary is viewed as reasonable for the work performed. In many cases, the IRS focuses o For an answer applied to your exact numbers, bring this question to a licensed KGOB CPA in a focused session and leave with a clear next step.