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Author Question: Which of the following statements isincorrectregarding unfunded deferred compensation plans? (Read 106 times)

rachel9

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on: Sep 13, 2020
Which of the following statements is incorrect regarding unfunded deferred compensation plans?
◦ The employee is not taxed on the compensation amount when it is deposited in an escrow account.
◦ An accrual-basis employer can deduct the compensation amount when it is accrued in the year service.
◦ An employee is taxed when the amount is actually paid or made available.
◦ A 20% excise tax will apply if the employee can voluntarily elect to receive payment early.
Federal Taxation 2017 Individuals ¦ Pope, Rupert, Anderson ¦ 30th Edition
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Marked as best answer by rachel9 on Sep 13, 2020

zogaridan

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Reply #1 on: Sep 13, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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rachel9

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Reply 2 on: Sep 13, 2020
YES! Correct, THANKS for helping me on my review

Joy Chen

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Reply 3 on: Yesterday
Excellent

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