stillwater
May 5 2006, 11:00 AM
Company A excluded some participants for 2004 profit sharing contribution. They are going to make corrective contribution for plan year 2004 in 2006. Would this be deductible contribution for 2005? Is there any IRS publication I can refer to? thanks.
rcline46
May 5 2006, 11:39 AM
Reread 2003-44, contribution is deductible in the year made.