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Schedule I - Insurance Premiums


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Guest babs51
Posted

On what line under item 2 would insurance premiums paid for policies in a DC plan be listed on the Schedule I?

Posted

None, IMO. We treat them as a transfer within the plan. I've seen them reported as an expense (in which case the value of the policy is not reported since it would not balance), but I think it's wrong to do so.

Ed Snyder

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