Schedule SB Line 16

[Pension RC]

A one-person defined benefit plan was started effective 1/1/2012. On the 2012 SB, the funding target and assets were both $0. In 2013, prior to 9/15/2013, $75,000 was contributed, which satisfied the 2012 minimum required contribution and created a small prefunding balance. On line 16 of the 2013 SB, would it be correct to put 80% to show that the prefunding balance is available to apply towards the 2013 minimum?

Thanks!

[My 2 cents]

If the funding target and assets (as of the valuation date in 2012) were both $0, wouldn't that be treated as 100% for all purposes?