5500 Filing Error - Relius Gov Forms

[austin3515]

Situation: Terminated Plan. Calendar 2009 was filed already and is filing received. All assets liquidated on 7/31/10, and a final 5500 was prepared for 1/1/10 through 7/31/10. In the Plan Info sheet I have the correct date ranges, and I indicated 2010 in the filing year. I used the 2009 form, because this was all done before it was possible to use the 2010 form.

When the client signed, he received this error message.

"Fail when Filing Header, Form Year does not match Filing Header, Plan Year Begin, unless the Filing Header Prior Year Indicator is set to 1."

Anyone know what I messed up?

[Dinosaur]

Situation: Terminated Plan. Calendar 2009 was filed already and is filing received. All assets liquidated on 7/31/10, and a final 5500 was prepared for 1/1/10 through 7/31/10. In the Plan Info sheet I have the correct date ranges, and I indicated 2010 in the filing year. I used the 2009 form, because this was all done before it was possible to use the 2010 form.

When the client signed, he received this error message.

"Fail when Filing Header, Form Year does not match Filing Header, Plan Year Begin, unless the Filing Header Prior Year Indicator is set to 1."

Anyone know what I messed up?

It could be that on the Plan Info Sheet you need to put "2010" for year (next to the business code).

[austin3515]

In the Plan Info sheet I have the correct date ranges, and I indicated 2010 in the filing year

[12AX7]

I can't put my finger on it right now, but I recall reading that you can't use a 2009 form for a 2010 filing. Do you have other filings accepted under the same circumstances?

[austin3515]

I was afraid of that; this is my first one...

[12AX7]

You may have to contact Relius to delete the unfiled plan book. I don't think users have that ability.

[Dinosaur]

In the Plan Info sheet I have the correct date ranges, and I indicated 2010 in the filing year

Even if you put the correct date range you still have to put "2010" in the "filing for plan year" next to the business code on the plan info sheet

[austin3515]

I did that. I thought I was being clear, but perhaps not clear enough.

And I can't delete it because it WAS filed. The errors of course only come back after it's been filed. Now I have to amend.

[12AX7]

I meant "unaccepted filing". You may have 2 planbooks for 2010 after this is done, but that's the least of your worries.

[Tom Poje]

I know with FT William you could create the data on a 2009 form, but then you create an xml file, which is imported into 2010 at the DOL. (as of 9/15 they have released their 2010 forms (according to the most recent e-mail), but I haven't tried them yet)

In other words, I think at the time they knew what was needed, but they didn't have the forms ready, so the XML pulls the correct data and order or however those things need to get imported electronically.

[Leopurrd]

with electronic filing you now have to use the correct year. the 2010 forms are already out. We use Relius Gov Forms and rec'd our update late last month. Several 2010's have filed without an issue.

Hope this helps!

Thanks,

Vicki

[austin3515]

Accordng to the 2009 instructions "2010 Short plan year filers may not use the 2009 forms for filing They must 2010 forms schedules and instructions.

Dear RElius: Thanks for the validation warning: "One or more of the plan year dates are questionnable, or the dates indicate a short plan year." Apparently it was the former and not the latter. But of course it WAS a short plan year so I thought this to mean the dates were not questionable and there was no issue..

Perhaps you should change the warning to "Hey stupid, this won't work!"

Sincerely,

Austin Powers

[Bird]

Accordng to the 2009 instructions "2010 Short plan year filers may not use the 2009 forms for filing They must 2010 forms schedules and instructions.

But that's not true; I don't think the forms were available before some of the returns were due. I know I filed one using the 2009 forms - we use Ft William and as Tom notes, it had to be exported as an XML file and uploaded directly to the EFAST2 website (i.e. not through Ft William).

[austin3515]

Which I didn't do

Any suggestions? I can easuly do the new 2010 form and file it, but now I have this bogus 2009 form out there? I guess I just wait until the letter comes in from the IRS?

[Bird]

I would file a new 2010 form if both systems (Relius and EFAST2) let me and worry about the bogus form later, if it ever comes up. Better to have too many than a late one.