If a plan had a short plan year 9-1-03 to 12-31-03, what are the requirements/deadlines for making a profit sharing contribution.

[Guest jhilliard]

Plan recently had a short PY, and the sponsor wants to know when the PS contribution needs to be made for the short PY.

Thanks for your help!

[E as in ERISA]

It depends on what the company year end is too.

[Guest jhilliard]

Company year end is 12-31

[E as in ERISA]

They would generally take a deduction on the company's tax return for the year ended 12/31/2003 if they make the contribution by the due date for that return (generally 3/15 or 9/15, if extended, for a corp -- or 4/15 or 10/15 for a partnership).