mjf06241972 Posted September 14, 2020 Share Posted September 14, 2020 Client did not deduct the 2018 employer profit sharing contribution and will be deducting on 2019 return. Does this amount get used in the calcuation of the max employer contribution 25% rule for the 2019 employer calculation? Thank you. Link to comment Share on other sites More sharing options...
Lou S. Posted September 14, 2020 Share Posted September 14, 2020 Yes the amount being deducted in 2019 goes against the overall 25% limit for 2019. Luke Bailey 1 Link to comment Share on other sites More sharing options...
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