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Business, 18.12.2019 05:31 taylorbean315
Ursula, an employee of ficus corporation, is 35 years old and plans to retire in 20 years. the corporation has a qualified retirement plan and contributes $2,000 during 2015 for ursula. how should ursula treat the $2,000 contribution made on her behalf by the corporation? a) the $2,000 and any earnings thereon must be included in ursula's 2015 gross income. b) ursula is not required to include either the $2,000 contribution or the earnings thereon in her 2015 gross income. c) only the earnings on the $2,000 contribution must be included in ursula's 2015 gross income. d) ursula must include only $100 (1/20 of the $2,000 contribution) in her gross income for 2015, but the same amount must be included in gross income for the following 19 years. e) none of these choices are correct.
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Ursula, an employee of ficus corporation, is 35 years old and plans to retire in 20 years. the corpo...
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