Catch up contributions and negative compensation

[Pixie]

I have an owner (HCE) that put in approx $7K in employee deferrals. When his taxes were prepared, the CPA put all of the income on his wife's return and he had negative compensation. The husband and wife own serveral companies.

I will return $2k in employee deferrals, but can I allow the $5k for catch up?

[PensionPro]

No compensation, no deferrals (catchup or otherwise). See also prior post:

http://benefitslink.com/boards/index.php?showtopic=39983