AndyH Posted September 15, 2008 Posted September 15, 2008 Calendar year 2007 DB plan will have a funding deficiency. Employer's fiscal year changes each year based upon how weekends fall; for 2006-2007 it was 12/31/2006-12/30/2007. 5330 and 4971 tax are due when? Either today or 7/31/2009. Anybody dealt with this ahem, time sensitive issue? It seems like 7/31/2009 but that does not compute logically and I wonder if taking deductions for calendar year 07 on the prior fiscal year return would matter. Thanks for any help. The 5330 instructions do not help.
david rigby Posted September 15, 2008 Posted September 15, 2008 I vote for today. "spirit of the law". I'm a retirement actuary. Nothing about my comments is intended or should be construed as investment, tax, legal or accounting advice. Occasionally, but not all the time, it might be reasonable to interpret my comments as actuarial or consulting advice.
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