user12

"Paul I", thank you very much for your reply. I called eFast at 866-463-3278 and the rep said that she will submit a request to her supervisor to forward to the DOL to hide my previous 5500-SF filings from public view, but did not know if this is possible. Also, spoke to the DOL at 202-693-8360 and the rep had no idea how these forms show or hide from public view (I had to mention the “one-participant plan” box to her) and she will contact her supervisor for advice. Also, called the IRS at 877-829-5500 and the rep had no info other than directing me to the IRS website. So, if I have to amend the old 5500-SF filings with 5500-EZ to hide them, I got conflicting info from the eFast rep whether I can do it electronically, or by paper. I will report back the info I get and the outcome.

Any advice would be appreciated regarding the following question: Can I switch from 5500-SF to 5500-EZ if a one-participant plan has been filing 5500-SF for several years, but it seems that it should have been filing 5500-EZ instead? To clarify - as a single owner LLC I have been filing 5500-SF since 2015 (don’t remember why I started with 5500-SF instead of 5500-EZ, but at the time that seemed the right form), and now in 2024 accidentally I read that I should have been fining 5500-EZ instead since 2021. Which form should I file in 2024 and should I do anything about the prior filings? Is it possible to hide all of my 5500-SF filings since 2015 from the public, which I just learned are visible to all? Thank you.

So, can you please clarify what the take away is from this discussion: Can I switch from 5500-SF to 5500-EZ if a one-participant plan has been filing 5500-SF for several years, but it seems that it should have been filing 5500-EZ instead? Thank you.