Jump to content

Recommended Posts

Posted

I need a clear answer to this question after reading RP 2005-66, Sec 17, and the latest IRS FAQs.

Client in Cycle A has an individually-designed plan, GUST approved and up to date with all amendments (EGTRRA, RMD, cashout). Our firm has a Vol Sub specimen plan with IRS for approval. Client wants to switch to our volume submitter.

Sec 17.03 and 17.04 of 2005-66 and Q-6 of the IRS FAQs seem to dance around this issue, but I just can't make out the song!

MY QUESTION: Does client simply sign 8905 by 1/31/07 or must client adopt an interim plan, which is our specimen plan currently under review, by 1/31/07?

Thanks.

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...

Important Information

Terms of Use