Chippy Posted September 23, 2021 Posted September 23, 2021 What is the due date for the deposit of a profit sharing contribution in a non-profit? They are exempt from filing a form 990 or 1120.
BG5150 Posted September 23, 2021 Posted September 23, 2021 Does the plan document address the issues? Absent that, I would think it's the usual 12 months after PYE. However, be mindful of the 415 deadline which is 10/15 (or is it 10/31?) of the next year. QKA, QPA, CPC, ERPATwo wrongs don't make a right, but three rights make a left.
Patricia Neal Jensen Posted September 27, 2021 Posted September 27, 2021 Annual additions 415 deadline 15th day of the 10th month. IRC Sec. 1.415(c)-1(b)(6)(i)(B). Bri and Bill Presson 2 Patricia Neal Jensen, JD Vice President and Nonprofit Practice Leader |Future Plan, an Ascensus Company 21031 Ventura Blvd., 12th Floor Woodland Hills, CA 91364 E patricia.jensen@futureplan.com P 949-325-6727
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