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I knew what parts of the "OLD year 1998" Form 5500 to comple


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Posted

My nonprofit organization sponsors a 403(B) plan with over 200 participants. The year 1998 Form 5500 was easy to complete ...I simply filled in ONLY page 1 of the 1998 Form 5500 (a piece of cake).

Is the year 1999 Form 5500 going to be as easy to complete, for a 403(B)?

Do I need to consider all the year 1999 Schedules (A,B,C,D,E,G,H,SSA,T)? Or can I simply ignore them and just fill in the basic information (plan name, sponsor name, address, ID#, efective date) on the 1999 Form 5500 (pages 1&2) and then mail in in.

I can't find the answer to this in the 1999 Form 5500 instructions.

Posted

Page 7, General Instructions to Form 5500 says to complete lines 1 through 5 and 8. It goes on to say there is no requirement for an independent accountant's opinion, nor is there any requirement for schedules!

Still a piece of cake!!!!!!!!!

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