Guest pinsall Posted September 18, 2000 Posted September 18, 2000 Can a son who is an employee of a mor ethan 2% Sub-S onwer participate in a 125 plan?
Guest Joe Vasko Posted September 22, 2000 Posted September 22, 2000 Under the rules of family attribution, his son would also be considered as a 2% shareholder. And as you know, 2% shareholders of a Sub S Corp. are prohibited from participation in the plan.
Guest pinsall Posted September 23, 2000 Posted September 23, 2000 Joe, Would this also apply to sole prop's and partners of a partnership? Thansk Pat Insall
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