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Posted

I'm not sure this is the right forum. I'm curious how you are handling this. Since 5500s are exempt from PTIN requirements, but 945 is not, who in your office did you require to get the PTIN? Who is the actual "preparer"? Is it the administrator who got all the information then passed it along to the clerk who prepared the return or is it the clerk who simply typed on a form what she was told?

Thanks

Posted

In our firm, we asked the person in our office that prepares the 945 to obtain a PTIN. This person handle all aspects of the distribution process, so it seemed to make sense that she'd be the one that'd need the PTIN. Hope that helps.

Posted

Just an opinion, but it seems that a back-up would be important.

I'm a retirement actuary. Nothing about my comments is intended or should be construed as investment, tax, legal or accounting advice. Occasionally, but not all the time, it might be reasonable to interpret my comments as actuarial or consulting advice.

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