Schedule C For Union Plan

[goldtpa]

Need to file a sched c for a new union client. The 5500 is coded as a 2c for the 2008 5500

They have all types of expenses coming out of their plan. Some of the expenses are

-insurance

-payroll

-rent

-telephone

-office

Do these expenses have to go on the Sched C??

Thanks in advance.

[My 2 cents]

And all of those expenses are related to plan business? Remember - the union can't use plan assets for its own benefit. How could, for instance, one assert that insurance is needed to maintain the qualified status of the plan or to carry out the terms of the plan?

The rent had better be for the provision of office space for the people working exclusively on plan administration.

You get the idea.