Deductibility of Contributions. All contributions made by an Employer shall be conditioned upon their deductibility by the Employer for income tax purposes; provided, however, that no contributions shall be returned to an Employer except as provided in Section 6.3.
Deductibility of Contributions. You may deduct, subject to the otherwise applicable limits, those contributions made to a SEP. Contributions to the SEP are deductible for your taxable year with or within which the plan year of the SEP ends. Contributions made for a particular taxable year and contributed by the due date of your income tax return, including extensions, are deemed made in that taxable year.
Deductibility of Contributions. Notwithstanding any other provisions herein contained, all contributions made under the Plan are hereby expressly conditioned upon their deductibility under Code Section 404, as amended from time to time, and, if the deduction for any contribution is disallowed in whole or in part, then such contribution (to the extent the deduction is disallowed) will, upon the direction of the Administrative Committee, be returned to the Company or the party who made it without liability to any person.
Deductibility of Contributions. No deduction is allowed for Xxxx XXX contributions, including transfers, rollovers, and conversion contributions.
Deductibility of Contributions. When it comes to taking a tax deduction for your Traditional IRA contribution(s) your eligibility is based on whether you and your spouse are active participants in an employer‐sponsored retirement plan, your tax return filing status, and the amount of your modified adjusted gross income (“MAGI”).
Deductibility of Contributions. In no event shall the contributions by the Employer under this Article III, when combined with amounts contributed pursuant to any other provisions of the Plan and any other plan of the Employer qualified under Section 401(a) of the Code, exceed the amount deductible pursuant to Sections 404(a)(3)(A) or 404(a)(7) of the Code, or any future Code provision limiting deductions with respect to profit sharing plans.
Deductibility of Contributions. 24 10.6 Receipt or Release...................................................................................24 10.7
Deductibility of Contributions. Contributions made by you to your HSA, which do not exceed the maximum annual contribution amount, are deductible by you when determining your adjusted gross income. You are not required to itemize your deductions to get this benefit. The deduction is allowed regardless of whether you itemize deductions. However, employer contributions to your HSA are excludable from your gross income and you cannot deduct such amounts on your tax return as HSA contributions.
Deductibility of Contributions. An employer may deduct all contributions to a SEP subject to the limitations of Section 404(h). This SEP is maintained on a calendar year basis and contributions to the SEP are deductible for your taxable year with or within which the calendar year ends. Contributions made for a particular taxable year and contributed by the due date of your income tax return (including extensions) shall be deemed made in that taxable year.
Deductibility of Contributions. No deduction is allowed for CESA contributions, including transfer and rollover contributions.
