Jump to content

Recommended Posts

Posted

I have failed to file form 5500ez for 10+ years. I always assumed my accountant took care of it. Can I qualify for the max fine of $1500 through the penalty relief program? Also would i have to file a seperate return for every year my account was $250k?

Posted

Yes. Yes. Make sure you file them all at once to avoid having to pay more than $1, 500.

Posted

You don't need much info for the 5500-EZ filings but you do need some.  How do you file if you don't have beginning of year and end of year asset balances for some of the  much older years?  Seems like I remember IRS would accept informational reports for the older years as long as you had complete reports for the more recent years.  Is that still the rule or was it ever?

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 account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...

Important Information

Terms of Use