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Posted

Specifically to a John Hancock product.

Where is everyone posting the AIC fees coming from plan assets on the Schedule I? or should I say what is the argument for the correct line.

After pulling down data from Larkspur the reporting is varied but most are reporting the charges on line 2c of the schedule I and not in 2h.

I re-read some of the 5500 preparers manual for this and I still think it is under line 2h.

Posted

I fail to see how fees of any sort would be classified as "other income" as explained in the instructions for line 2c. Line 2h appears to be more appropriate in my opinion.

...but then again, What Do I Know?

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