ahasan Posted August 20, 2023 Posted August 20, 2023 Terminating Plan: 01/01/2022 to 10/17/2022 When is the due date for filing Form 5558 Extension?
Bill Presson Posted August 21, 2023 Posted August 21, 2023 So the plan was terminated 10/17/2022. When were the assets distributed? If not until 2023, then the 2022 year is still a full year. But that would still mean 7/31/2023 would be the deadline for filing the extension. ahasan 1 William C. Presson, ERPA, QPA, QKA bill.presson@gmail.com C 205.994.4070
ahasan Posted August 21, 2023 Author Posted August 21, 2023 Asset has not been distributed yet. So, extension will be 10/15/2023, right?
Bill Presson Posted August 21, 2023 Posted August 21, 2023 If it was filed timely, an extension to 10/16/23 could be requested for a calendar year 2022 plan. Bri and Luke Bailey 2 William C. Presson, ERPA, QPA, QKA bill.presson@gmail.com C 205.994.4070
CuseFan Posted August 21, 2023 Posted August 21, 2023 If a 5558 was not filed by 7/31, your next option is to check if the corporate (or personal) tax return was put on extension, in which case the 5500 can be extended on that basis, but you'll need a copy. Bill Presson and ahasan 2 Kenneth M. Prell, CEBS, ERPA Vice President, BPAS Actuarial & Pension Services kprell@bpas.com
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