Jump to content

Deductibility of corrective contributions for a prior plan year


Recommended Posts

Posted

Rev. Proc. 2000-16 states that the normal deduction rules of 404(a)apply. Can a deduction be taken for corrective contributions relating to a prior year if it's still within the 15% or 25% deduction limits for the current tax year?

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...

Important Information

Terms of Use