Question: Question 1 8 6 . 2 5 pts Jason Incorporated maintains a qualified profit - sharing plan for its employees. Thas year, Jason contributed $

Question 18
6.25 pts
Jason Incorporated maintains a qualified profit-sharing plan for its employees. Thas year, Jason contributed $2,000 to Pre-ton's profitsharing account. Which of the following statements is true?
Jason can deduct the contribution, and Preston must Incluse the contribution In gross Incame.
Jason cannot deduct the contribution, and Preston does not Include the contribution ho grows hearse.
Jason can defuct the contribution, but Preston does not helude the contribution in gross hearse
Jason cannot deduct the contribution, but Preston must hachude the cantibuten in grow hasery.
Question 1 8 6 . 2 5 pts Jason Incorporated

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