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Full Version: Small Employer Startup Tax Credits
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perkinsran
Can a small employer establishing a PSP claim the small employer startup tax credit if the only plan they have maintained in the last five years is a SIMPLE?
R. Butler
If employer maintained a SIMPLE within the past 3 years that employer would not be elgible for the credit. A SIMPLE IRA is considered an Eligible Employer Plan for purposes plan for purposes of the credit.

See EGTRRA §619.
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