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SunGard Relius Advises Practitioners to Skip Existing Forms, Wait for New Forms 8955-SSA and 5558
FIS Relius
[Guidance Overview] June 15, 2011
At a recent ASPPA actuarial conference (ACOPA), an IRS official made several announcements .... While the IRS prefers for practitioners to wait for the new Form 8955-SSA, the IRS will continue to accept the old Schedule SSA. This conflicts with printed, official guidance in Announcement 2011-21, stating that the IRS would accept the old Schedules through April 20, 2011.... Our recommendation is that practitioners continue to wait for the new [form and for a new Form 5558,] which we expect the IRS to issue shortly.
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