BG5150 Posted December 31, 2015 Posted December 31, 2015 Where do you show distribution processing fees on your 5500's? A thought came up here to include them on the Distributions line so the amount of distribs match the distributions report from the r/k system (even though the fees are not included in the 1099-Rs). I've always included them in the Other Fees category. Your thoughts are appreciated. QKA, QPA, CPC, ERPATwo wrongs don't make a right, but three rights make a left.
K2retire Posted December 31, 2015 Posted December 31, 2015 We like to include them in the Other Fees, but some audit level plans have CPAs who insist on including them in the distribution amounts.
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