2008 Form 5500

[12AX7]

I need to prepare a 2008 Form 5500 under DFVCP. I understand that I will be using the current form (2010) for the E-Filing. Do I also need to prepare the paper version of the 2008 forms and attach to the E-File? The current FAQ appears to allow just the current year form to be completed, although last year I thought I read that the applicable paper year form was also required to be attached. It seems the current FAQ makes this easier for us? Thanks.

[Guest AHS527]

I believe you need to use the 2010 long form 5500. The only thing that should go on the 2008 form is the Schedule R if applicable.

You need to efile everything. If you have a Schedule R you need to scan as a PDF and attach to the 5500 before filing electronically.

Don't forget to mail the appropriate forms and check to the DOL - new address is a PO Box in Philly.

Also, if you have an SSA you need to mail that to a separate address......do not efile it.

[12AX7]

I do recall reading about the Schedule R attachment. Here is the appropriate excerpt from the FAQ, but not very explanative:

Q7: Which version of the Form 5500 should be filed?

The plan administrator shall file either:

The most current Form 5500 Annual Return/Report form issued (and indicate in the appropriate space on the first page of the Form 5500 the plan year for which the annual return/report is being filed if different from the most current Form 5500), or

The Form 5500 Series Annual Return/Report form issued for the plan year for which the relief is sought (but not a Form 5500-R if the filing is for a 1998 plan year or a prior year).

[Guest AHS527]

Only 2009 plan year forms or later are able to be efiled so anything before 2009 you need to use the most current year form I believe.