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Posted

Owner does not contribute his his wife's salary deferral contributions until February 15, 2013 for his 2012 payroll withheld deductions. He did contribute all his employee's 2012 salary deferral contributions timely.

Is a Form 5330 necessary? Do I have to report late deferrals for owners on the Form 5500? Client does not want to contribute lost earnings for himself or his wife.

Posted

I don't see anything in EPCRS that says "this only applies to non-owners."

QKA, QPA, CPC, ERPA

Two wrongs don't make a right, but three rights make a left.

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