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Posted

Employer exceeded the 25% limit for the employer contribution.

Does the 10% excise tax on the overage apply only if they have filed the corporate tax that includes the full deduction?

Posted
On 6/18/2018 at 6:42 PM, Mike Preston said:

No. 

You bethca, it's NO!

Lawrence C. Starr, FLMI, CLU, CEBS, CPC, ChFC, EA, ATA, QPFC
President
Qualified Plan Consultants, Inc.
46 Daggett Drive
West Springfield, MA 01089
413-736-2066
larrystarr@qpc-inc.com

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