John A Posted February 22, 2001 Posted February 22, 2001 I thought this had been discussed before, but I cannot seem to find the appropriate thread. Can a 1999 5500 Form to be used to file for a short plan year beginning and ending in 2000 (and due by March 31, 2001)? Do you cross out the 1999 and write in 2000?
Guest Posted February 22, 2001 Posted February 22, 2001 yes. the system reads the dates you enter. at last year's ASPA conference (or maybe some other meeting I attended) they said the system doesn't read the big year that is printed on the form, so I guess it doesn't matter if you cross it off or not
RCK Posted March 2, 2001 Posted March 2, 2001 Tom, Is it fair to assume that this logic would not apply where the forms were significantly different? For example, you could not do a 1999 filing on the 1998 forms? rich
Guest Posted March 5, 2001 Posted March 5, 2001 the 5500 Prepares Manual simply says 'cross out the year' [note at ASPA they said the elctronic system doesn't even read it] and fill in the data. If there are changes to the form, the IRS may contact you for further information.
Theresa Lynn Posted March 5, 2001 Posted March 5, 2001 Another thing to consider is that you can use an outdated form only if the appropriate one is not available. Because the 2000 forms are available now (and IRS is beginning to mail them out), you should use the appropriately-dated form and schedules if at all possible.
Kristina Posted March 7, 2001 Posted March 7, 2001 The 2000 5500 forms are backordered. If one is unable to obtain the correct years forms before the filing due date, one can make the case for using the prior year forms. Kristina
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