Schedule A

Hi,

Is a Schedule A required to be filed with a 5500EZ? Thank you

No.  If you have a plan that needs a Schedule A then file a 5500-SF.

7 hours ago, ratherbereading said:

No.  If you have a plan that needs a Schedule A then file a 5500-SF.

Thank you. If the plan is a one participant owner only plan (and spouse) -should an EZ be filed and just leave off the Schedule  A, since one participant owner only plans can't file an SF anymore? Thank you very much!

1 hour ago, SSRRS said:

Thank you. If the plan is a one participant owner only plan (and spouse) -should an EZ be filed and just leave off the Schedule  A, since one participant owner only plans can't file an SF anymore? Thank you very much!

Welcome!  Yes, that is what you do. 

Thank you. 

4 hours ago, ratherbereading said:

Welcome!  Yes, that is what you do. 

Is the Schedule A for an EZ not filed, however, must be prepared (similar to the Schedule B that must be prepared, however, not filed)?

11 hours ago, SSRRS said:

Is the Schedule A for an EZ not filed, however, must be prepared (similar to the Schedule B that must be prepared, however, not filed)?

I actually only have a handful of plans that even need a Schedule A (5500-SF filers) and none that need a Schedule B.  For my EZ plans I don't prepare any schedule.  Hope that helps! 

The instructions state: “Filers of Form 5500-EZ are not required to file schedules or attachments related to Form 5500 with the 2020 Form 5500-EZ.”

https://www.irs.gov/pub/irs-pdf/i5500ez.pdf

The instructions leave open that a filer is permitted to file Schedule A.

Why file a form if you do not need to???

Sometimes, it’s an employer/administrator’s strategic choice, especially if the circumstances involve an uncertain tax position or uncertainty about how relevant facts support a tax treatment.  In some circumstances, filing a Schedule A could affect the application of a statute of limitations.  And in some circumstances, having filed a Schedule A might support an argument or defense that a taxpayer had acted in good faith, or that a relevant fact had been disclosed to the IRS.