Alex Daisy Posted July 2, 2008 Share Posted July 2, 2008 Is it correct to say that Column (d) cost information for the Schedule of Assets (Held At End of Year) and the column © cost of acquisitions information for the Schedule of Assets (Acquired and Disposed of Within Year) may be omitted when reporting investments of an individual account plan that a participant or beneficiary directed with respect to assets allocated to his or her account (including a negative election authorized under the terms of the plan). What is an "Individual Account Plan" ? Does a 401(k) Plan for one Corportaion qualify as a Individual Account Plan? Any help is greatly appreciated. ALEX Link to comment Share on other sites More sharing options...
Tom Poje Posted July 7, 2008 Share Posted July 7, 2008 the instructions for line 4i schedules (it is in italics as it is a note rather than actual instructions) says 'costs' "may be omitted when reporting investments of an individual account plan that a participant or beneficiary DIRECTED with respect to assets al;located to his or her account (including a negative election authorized under the terms of the plan) emphasis is mine. these instructions, if you don't have them are readily available - a simple google search should find the instruction for form 5500 Link to comment Share on other sites More sharing options...
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