qbteachmt
Level 15
03-09-2021
04:03 PM
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They select if they want to defer or not. It's optional and not required. That's part of the SE.
The IRS states they will notify "employers" for payment of deferrals. We will have to wait and see if they remember to "bill" self-employed.
Otherwise, yes, you stated everything correctly.
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"Level Up" is a gaming function, not a real life function.
"Level Up" is a gaming function, not a real life function.