Jump to content

Recommended Posts

Posted

When completing a Form 5558 for a calendar year end plan, are you using 10/17 as the due date since 10/15 falls on a weekend? Relius has is reporting that the IRS is rejecting these requests for extension because the extension period is 2 days longer than the 2 1/2 months permitted.

http://www.relius.net/Support/rgfproductnews.aspx?ID=264

I've been doing 5500 for a long time and I don't remember having this issue n the past although I think it's been a while since the extended due date was on a weekend. I'd like to hear back on what date others are using. Thanks.

PAL

Posted
When completing a Form 5558 for a calendar year end plan, are you using 10/17 as the due date since 10/15 falls on a weekend? Relius has is reporting that the IRS is rejecting these requests for extension because the extension period is 2 days longer than the 2 1/2 months permitted.

http://www.relius.net/Support/rgfproductnews.aspx?ID=264

I've been doing 5500 for a long time and I don't remember having this issue n the past although I think it's been a while since the extended due date was on a weekend. I'd like to hear back on what date others are using. Thanks.

PAL

P3 col 1 of the 5558 instructions extends the time to file the 5500 until the next business date following 10/15.

Edit: I think the due date with extension entered on the 5558 return must remain 10/15 which is 2 1/2 months after the due date for filing the form but the IRS instructions allow the return to be filed/mailed on 10/17 because the due date for the extension falls on a Saturday. File on 10/17 and get a certified receipt from the PO.

mjb

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...

Important Information

Terms of Use