contribution but after the deduction for one$-$half of self$-$employment taxes paid$)$ is expected to be $$200,000$ during the current year and increased slightly in future years. $($The tax year is $2022.)$

Read the requirements.

Requirement a$.$ If the H$.$R$.10$ plan is established, what is the maximum amount Paula can contribute for the nurse's benefit?

A$.$ Paula can contribute up to the maximum amount of $$18,000$ plus a $25\%$ of salary match for her nurse who is an eligible full$-$time employee.

D$.$ There is no maximum amount. The amount contributed for the nurse's benefit is at Paula's discretion.

Requirement $b.$ What is the maximum amount Paula can contribute for herself? Is the amount reported as a for AGI or from AGI deduction?

Paula's maximum contribution for the current year is

The amount is reported as

Requirement $c.$ Is Paula's nurse required to be included in the plan?

because

Requirement $d.$ What are the tax consequences if Paula makes a premature withdrawal from the plan before reaching age $59\frac{1}{2}?$

If the contributions were deductible then they are