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I want to open SEP IRA accounts - one for stocks at Charles Schwab and one SEP IRA account at another firm (www.trustetc.com) to invest in real estate.

2006-09-30 07:57:15 · 3 answers · asked by Sundip P 1 in Business & Finance Small Business

3 answers

Yes. The IRS only cares about the SS number and the total you put in for the year.

2006-09-30 08:38:00 · answer #1 · answered by Rich Z 7 · 0 0

Yes you may. I am a retired IRS agent- so TRUST ME. (HONESTLY I AM). My official title- Problem Resolution Officer- since changed to Taxpayer Advocate. May I suggest ordering a Publication 17 from the Service- you will find a lot of good information- and it's free!

2006-09-30 08:02:10 · answer #2 · answered by joye b 2 · 1 0

YES, as long as the combined total contribution to does not go above the limit allowed ..

2006-09-30 08:36:05 · answer #3 · answered by MeInUSA 5 · 0 0

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