wsp Posted October 15, 2002 Posted October 15, 2002 I know the schedule p is not a required filing. But, if you have one coming to you in the mail but, obviously, it's not getting here prior to October 15 and you want to include it...what do you do? File without, then file an amended return? Obviously, the fiduciary is on the hook, but in the interest of client relations we want to limit liability. Any suggestions?
Blinky the 3-eyed Fish Posted October 15, 2002 Posted October 15, 2002 Your thought to file without the Schedule P and then follow up with an amended return seems like the best course of action to me. "What's in the big salad?" "Big lettuce, big carrots, tomatoes like volleyballs."
Brian Gallagher Posted October 17, 2002 Posted October 17, 2002 do you submit the ENTIRE 5500 (including scheds) for the amended return? the sched P instructions explicitly says "a seperately filed Schedule P will not be accepted." Remember: two wrongs don't make a right, but three rights make a left.
Blinky the 3-eyed Fish Posted October 17, 2002 Posted October 17, 2002 The amended return would consist of the 5500 and Schedule P. "What's in the big salad?" "Big lettuce, big carrots, tomatoes like volleyballs."
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