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DeluxeXL t1_iy67kn1 wrote

No. Since your business is a S corp, you can't fudge ownership like a sole proprietor. This means if you did not defer any of your monthly paychecks to 401k, you missed it. However, your business can still make profit sharing contributions (subject to the 25% limit) by tax day.

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debbiewith2 t1_iy69t4b wrote

Isn’t it too late, even with extensions (Sept 15)?

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DeluxeXL t1_iy6a1t3 wrote

Yea it is too late for 2021. But not too late for 2022!

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