Do 401k Contributions Reduce Income for Mortgage DTI?

[Sean McCluskey]

Hey BP!

I have about $10k of self employment income for the tax year 2019.

I want to have that income count towards my DTI for future BRRRR refi mortgages.

If I make a large contribution from that self employment profit into my Solo 401k account, will I still get "credit" for it on my loan application / from an underwriter, if they are reviewing my tax returns?

I'd like to avoid paying taxes on the income, but still get credit for the income when an underwriter is working on a loan file.

Thanks!