Is solo 401(k) employer contributions a business expense for S Corp?

[personmcperson]

Hi, I have an LLC without employees that is elected as an S Corp for tax. I have a solo 401(K) and makes both employee and employer contributions to it. Is the employer contribution part considered a business expense and tax deductible? Thank you!

 

[liztaylor972]

@personmcperson Yes, line 17 of form 1120-S.

 

[personmcperson]

@liztaylor972 Great! Thanks for your help!

 

[rsmiley117]

@personmcperson Yes

 

[personmcperson]

@rsmiley117 Awesome! Thank you very much!