2009 5500-EZ Employer vs. Employee contributions

Form 5500-EZ for 2009 wants a separate figure for "employer" and "employee" contributions.

Suppose the plan is a solo 401(k) whose single participant is a sole proprietor. The contribution includes both a profit-sharing amount and an elective deferral amount.

Are these number the "employer" and "employee" amounts respectively? Or is it all "employer" contributions?

Does anyone know definitively?

Thanks

Steve

Reply to
Steve Pope
Loading thread data ...

"Steve Pope" wrote

The "profit sharing" amount is the employer portion. The "elective deferral" is the employee portion.

Reply to
paulthomascpa

BeanSmart website is not affiliated with any of the manufacturers or service providers discussed here. All logos and trade names are the property of their respective owners.