George4Tacks
Level 15
05-29-2021
07:40 PM
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@swongtax Try reading the code https://www.law.cornell.edu/uscode/text/26/401 scroll down to the (k) section. This may help you to appreciate the Reader's Digest versions offered by IRS and various financial institutions.
Also, show appreciation for answers received by clicking the "Cheers" button.
I am glad you figured it out and that you asked so clearly.
Answers are easy. Questions are hard!