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    Exam 9: Deductions: Employee and Self-Employed-Related Expenses
  5. Question
    Dana Contributes $2,000 Too Much to a § 401(k) Plan
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Dana Contributes $2,000 Too Much to a § 401(k) Plan

Question 71

Question 71

True/False

Dana contributes $2,000 too much to a § 401(k) plan which is not returned within 2 1/2 month after the close of the tax year. The employer will have to pay a tax of $200

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