Guest MPITTS Posted August 30, 2000 Posted August 30, 2000 On Schedule R, question 3 states that profit sharing plans should not complete this line. When I look at the instructions from the DOL & Corbel they don't mention anything about skipping this line. Is anyone completing line 3 in part 1 for a profit sharing plan?
Guest Rudy Posted August 30, 2000 Posted August 30, 2000 This question has been addressed here before. The consensus was that the instructions on the form would be followed, and line 3 would NOT be completed. We use HYPERPREP, and have not had any concerns raised by form verification when this line is not completed for profit sharing, ESOP and stock bonus plans. Hope this helps.
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