10h of Form 5500-SF

[Dinosaur]

Question 10h of Form 5500-SF says "If this is an individual account plan, was a blackout period? There is an error when e-filed (through Web Client) that says that 10h must be answered. This a filing error and must be amended. This error comes up in the latest Relius Govt Forms Form 5500 2011 update.

This is not a yes or no question. If it's a pooled account for a DC plan or a DB plan then I believe it would be left blank. The instructions say "Code section 401(k) and other individual account pension plans must complete line 10h. Other filers should leave line 10h blank."

What is everyone doing. Answer 10h "no" and amend the filing so it goes through?

[bzorc]

Question 10h of Form 5500-SF says "If this is an individual account plan, was a blackout period? There is an error when e-filed (through Web Client) that says that 10h must be answered. This a filing error and must be amended. This error comes up in the latest Relius Govt Forms Form 5500 2011 update.

This is not a yes or no question. If it's a pooled account for a DC plan or a DB plan then I believe it would be left blank. The instructions say "Code section 401(k) and other individual account pension plans must complete line 10h. Other filers should leave line 10h blank."

What is everyone doing. Answer 10h "no" and amend the filing so it goes through?

Answering the question "no". This is a known EFAST2 bug.

[chc93]

The ftwilliam software notes that "all defined contribution plans are individual account plans for this purpose even if they do not offer participant self direction", and therefore "10h cannot be blank" for DC plans. So we have completed line 10h for all of our DC plans.

[Dinosaur]

Thanks. The question also has to be answered for DB plans (since it cannot be blank).

Note that the Schedule I has the same question but it doesn't have to be answered.

[chc93]

Thanks. The question also has to be answered for DB plans (since it cannot be blank).

This is interesting. In ftwilliam, I've got the DB plan codes in line 9a, and line 10h is blank, with no errors.

[Dinosaur]

Thanks. The question also has to be answered for DB plans (since it cannot be blank).

This is interesting. In ftwilliam, I've got the DB plan codes in line 9a, and line 10h is blank, with no errors.

Using Relius, I have codes 1A and 1G and it says that 10h cannot be blank.