2008 Final 5500 and the Schedule SB

[abanky]

Can anyone help me understand this?

I have a DB plan that terminated and paid all participants out on 5/16/2008. We promptly filed the 2008 Form 5500 for the final filing. Basically it was a 2007 form with the 2007 crossed off everywhere and 2008 replacing it. We had done this before with no problems.

I got a letter today... 11 months later, saying they could not except the schedule B... it had to be an SB. (I am aware of the notice that went out saying they won't except SB. Does any one remember what it was called?)

My question is when did they officially release the SB? Am i suppose to use the PVABs as the funding targets? anyone else dealt with this?

Andrew

[rcline46]

What was the date of termination? If in 2007, no SB required. If in 2008 you have 90 days after the release of the SB to file the final 5500. YOu should have been aware of that. It was released in December 2008 I think.