Sample Form 5500 With Special Extension

information in accordance with the form instructions. B . This returnreport is. the first returnreport the final returnreport an amended returnreport a short plan year returnreport less than 12 months C . Check box if filing under Form 5558 automatic extension DFVC program special extension enter d escription D

Form 5500 deadline. Form 5500 must be filed by the last day of the seventh month following the end of the plan year unless an extension applies. For calendar year plans, the deadline is normally July 31 of the following year. An employer may request a one-time extension of two and one-half months by filing IRS Form 5558 by the normal due date

So long as Form 5558 is filed on or before the Form 5500's regular due date, the extension is automaticthat is, it does not require IRS or DOL approval. A copy of the completed and filed Form 5558 must be retained with the filer's records it is not included with the Form 5500 filing. Form 5558 is not the only mechanism for extending the

This form is required to be filed for employee benefit plans under sections 104 and 4065 of the Employee Retirement Income Security Act of 1974 ERISA and sections 6047e, 6057b, and 6058a of the Internal Revenue Code the Code. Complete all entries in accordance with the instructions to the Form 5500. OMB Nos. 1210 - 0110 1210 - 0089 2013

Form 558 is used by certain filers of Forms 5500, 5500-EZ, or 5330 to apply for a one-time extension of time to file the returns. File this form to apply for a one-time extension of time to file the Form 5500 series, Form 8955-SSA, or Form 5330.

Approved copies of Form 5558 requesting an extension of time to file Form 5500, Form 5500-SF, Form 5500-EZ, andor Form 8955-SSA will not be returned to the filer from the IRS. Line 1. Check this box if the extension of time to file being requested on line 2 is for the first Form 5500 series returnreport filed for the plan. Do

Federally declared natural disasters provide special extensions to Form 5500s. Typically, within a week or two of a federally declared natural disaster, the IRS will mandate the special extension and communicate it via press release. The amount of time allotted varies. All key details are updated regularly in the chart found below. Please check back regularly

Due to this warning it may be worth considering that a Form 5558 be filed for the plan to obtain the maximum extension of time to file the Form 5500 or Form 5500-SF, in lieu of the automatic extension. The below chart summarizes the due dates for the Form 5500 and Form 5500-SF, irrespective of the day on which it falls, inclusive of the extensions.

For more information, see the instructions to the Form 5500-SF. Instructions and sample forms for the Form 5500 and 5500-SF explain in detail who must file. Whatever special extension of filing Form 5500 granted by the IRS will also be automatically permitted by the DOL and PBGC. If you

Automatic extension An automatic extension of time to file IRS Form 5500 can be granted up until the due date of the federal income tax return of the employer. Special extension Special extensions are typically announced separately by either the Internal Revenue Service, Department of Labor, or the Pension Benefit Guaranty Corporation. If you