Tom Poje Posted October 20, 2016 Posted October 20, 2016 looks like the IRS has decided we don't have to answer all those extra questions in 2016.guess they still haven't gotten approval for them yet! from their website:https://www.irs.gov/retirement-plans/irs-compliance-questions-on-the-2015-and-2016-form-5500-series-returnsIRS Compliance Questions on the 2015 and 2016 Form 5500-Series ReturnsThe IRS added compliance questions to Forms 5500, 5500-SF, 5500-EZ and Schedules H, I and R. The IRS has decided that filers should not answer these questions for the 2015 and the 2016 plan years when completing the forms:•Form 5500Preparer Information (page 1 bottom)•Schedule H ◦2015 plan year: Lines 4o-p, 6a-d◦2016 plan year: Lines 4o, 6a-d•Schedule I ◦2015 plan year: Lines 4o-p, 6a-d◦2016 plan year: Lines 4o, 6a-d•Schedule R ◦2015 plan year: New Part VII (Lines 20a-c, 21a-b, 22a-d, and 23)◦2016 plan year: Part VII (Lines 20a-b, 21a-b, and 22a-b)•Form 5500-SF ◦2015 plan year: Preparer Information (page 1 bottom), Lines 10j, 14a-d, and New Part IX (Lines 15a-c, 16a-b, 17a-d, 18, 19, and 20)◦2016 plan year: Preparer Information (page 1 bottom), Lines 14a-d, and Part IX(Lines 15a-b, 16a-b, 17a-b, 18, and 19)•Form 5500-EZ◦2015 plan year: Preparer Information (page 2 bottom), Lines 4a-d, 13a-d, 14, 15, and 16◦2016 plan year: Preparer Information (page 2 bottom), Lines 4a-d, 13a-b, 14, and 15Page Last Reviewed or Updated: 05-Oct-2016 .................................. good grief, I can hear you crying and moaning way down here in Florida, and I've hardly even posted this. Get over it and deal with it already! UtahCPA-APA 1
K2retire Posted October 20, 2016 Posted October 20, 2016 Oh goody -- another year of explaining to clients why that section of the form is blank. goldtpa 1
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