Coleboy1 Posted May 25, 2023 Share Posted May 25, 2023 2 Year Old plan. First year assets were less than 250K. 2nd year they were over. Hence I'm doing the 1st year filing in the plan's 2nd year. Is my beginning balance $0 or do I use the ending balance from the previous year( that was under $250K)? Link to comment Share on other sites More sharing options...
Bri Posted May 26, 2023 Share Posted May 26, 2023 It's the actual asset value as of the beginning of the year, most likely nonzero. Lou S. 1 Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now