ActYouAiry

Update: the auditors did not have a definitive answer for me regarding where the employer reversion should be entered and agreed that the employer contribution line was as good a place as any. I submitted the 5500 with the asset reversion entered as a negative employer contribution on schedule H and the filing was accepted by EFAST2 with no validation errors or warnings.

I'm working on a final 5500 with an employer reversion. The 2020 instructions still don't provide guidance on where to put the employer reversion to allow the assets to reconcile (as far as I can see). I know for accounting purposes it's treated like a negative employer contribution. I tried entering the amount as a negative employer contribution [line 2a(1)(A)] into Relius Webclient and I didn't get an error. My current plan is to go that route unless I end up getting better guidance from the auditors. Since the negative employer contribution amount will match the employer reversion amount on line 5a, I'm hoping that won't raise any questions. I'll let you know how that goes...