Guest D_NITSCHE Posted March 2, 1999 Report Share Posted March 2, 1999 I have a partnership 401(K). 3 partners and 2 staff. The plan's adoption agreement specifies "415 Comp" as the comp. definition and I'll be using this comp. for ADP and 415 limits.How do I define "415 comp" for the partners? Deriving "earned income" from K-1 involves several subtractive items. Do I just add-back deferrals to "earned income" or do I add back more?? Also, for deductibility under 404, is the calculation still 15% of "earned income" for the partner portion?? Any direction or help on these would be appreciated!! Link to comment Share on other sites More sharing options...
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