Leaderboard

Based on an assumption that filing requirements for Schedules SB are exactly the same for plans with end of year valuation dates as they are for plans with beginning of year valuation dates (haven't had to deal with a valuation as of a date later than the first day of the plan year in many, many years), the answer is yes if the effective date of the plan termination is in 2016, no if it is in 2015 or earlier. Schedules SB are only not needed for plan years beginning after the effective date of plan termination. This is NOT affected by the timing of the termination distribution.

thanks - good idea. Confirms nothing much happening for DC plan changes and I don't recall anything in the news since May 24th.

Oh goody -- another year of explaining to clients why that section of the form is blank.