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5500 Filed Timely but Processed Late
FIS Relius 
Aug. 20, 2010
Excerpt: Some preparers have filed a 5500 shortly before the deadline but because the filing was not processed by midnight or initially was not processed at all, the DOL considers the filing late. In discussing the matter with the DOL, the DOL has confirmed that it considers the filing late and that the government may generate an automatic penalty letter.
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