Great West Schedule A dn C

[austin3515]

OK, so I know the 5500 instrucitons say "don't reprot aything on Schedule A that is already reported on Schedule C as indirect compensation." But am I correct that if I'm doing an S-F, I should include on line 10e (payments made by insurance companies) the indirect expenses paid by the insurance company (in this case Great West?).

[Belgarath]

I'd report the total of commissions and fees that the insurance company provides on the Schedule A, including the "non-monetary compensation." Since you aren't filing a Schedule A anyway with an SF, this makes sense, I think (insofar as anything to do with this garbage makes "sense")

I'm always inclined to lean toward, "when in doubt, disclose." There's no harm in dislosing a little piece that you might technically not have to disclose.