Dougsbpc Posted September 11, 2017 Posted September 11, 2017 Have a small calendar year defined benefit plan that terminated and distributed all assets 2/28/2017. The final 5500 is due 9/30/2017. However, I don't believe the 2017 electronic forms are available yet. What do we do? Thanks
ETA Consulting LLC Posted September 12, 2017 Posted September 12, 2017 The final Form 5500 is due as soon as possible after all assets are distributed; there is no 7 month period on the final. You can complete this on the 2016 Form. Good Luck! CPC, QPA, QKA, TGPC, ERPA
Mike Preston Posted September 12, 2017 Posted September 12, 2017 ETA????? The due date, without extension, is the end of the 7th month after the last distribution, so 9/30/2017 is correct. Just ask your software provider what to do. They all know. Or you can file an extension and hope the 2017 forms become available before 12/15/2017. ESOP Guy and Bill Presson 2
Kevin C Posted September 12, 2017 Posted September 12, 2017 From the Form 5500 instructions, referring to short plan years: Quote If the 2017 Form 5500 is not available before the plan or DFE filing is due, use the 2016 Form 5500 and enter the 2017 fiscal year beginning and ending dates on the line provided at the top of the form.
ETA Consulting LLC Posted September 12, 2017 Posted September 12, 2017 12 hours ago, Mike Preston said: ETA????? The due date, without extension, is the end of the 7th month after the last distribution, so 9/30/2017 is correct. Just ask your software provider what to do. They all know. Or you can file an extension and hope the 2017 forms become available before 12/15/2017. I stand corrected. Just something that was emphasized to me (for whatever reason) about 20 years ago. I guess I've been completing the final returns major early for all these years :-) CPC, QPA, QKA, TGPC, ERPA
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