Belgarath Posted May 5, 2016 Posted May 5, 2016 This seems redundant to me, but maybe I'm missing something? Base definitions. Plan defines comp as W-2. And of course as earned income for self-employed. Plan also specifically (separately) includes "taxable welfare benefits." Now, while I don't think this causes any harm, isn't it purely redundant? If it is a taxable welfare benefit for a W-2 employee, then it shows up on the W-2. If it is a sole prop, then it is earned income, which is what the plan uses anyway. Is there any good reason to have this as a separate inclusion that I'm missing?
Belgarath Posted May 10, 2016 Author Posted May 10, 2016 FWIW - I spoke to two different CPA's, who both agreed.
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