using 2007 Form 5500 for 2008 plan year

[chc93]

A terminated plan distributed all assets in Sept 2008. I'd like to use the 2007 Form 5500 and enter the appropriate dates (01/01/2008 to 09/30/2008), but with the changes to the Form 5500 beginning with 2008, I'm not sure I can do this.

We've done this in the past, for example, using the 2006 Form 5500 and entering 2007 dates, without any problems (so far).

Do I have to wait until the 2008 Form 5500 is released?

Thanks....

[Blinky the 3-eyed Fish]

See page 2 of the 2007 instructions.

There are other threads on this if that doesn't satisfy you.

[chc93]

Thanks for your reply. I previously read that 5500 instruction on page 2 and thought it only apply to Schedule B (SB, MB for 2008), that is, a 2007 Schedule B cannot be used for the 2008 filing. However, I now noticed that Schedule R is also changed for 2008, which is what I also require. Note that this is a profit sharing plan, which is why I asked. I guess I'll just have to wait... at least I've got 90 days after the forms are released.

Also, I tried searching other threads, but I didn't find any information (my problem with searching, I guess). Thanks again...

[Blinky the 3-eyed Fish]

The Schedule R changes only applies to the attachment needed for multiemployer plans. If you aren't filing for one of those, then don't worry about it and use the 2007 forms.

[chc93]

The Schedule R changes only applies to the attachment needed for multiemployer plans. If you aren't filing for one of those, then don't worry about it and use the 2007 forms.

Thank you very much...