5500 E-file: Form 5500 for Pension Benefit Plans Numbered Less than 501 - DOL Criteria for Final Year XML Elements

Please check the XML after creating the e-file to match all of the element values below.

SchH/n1:AllPlanAstDistribInd ='1' or

SchI/n1:AllPlanAstDistribInd = '1' ) and

SchH/n1:TotAssetsEoyAmt = 0 or

SchI/n1:TotAssetsEoyAmt = 0 ) and

Form5500/n1:TotActRtdSepBenefCnt =0 and

Plan Number Form5500/n1:SponsDfePlanNum) less than; 501)

Below are the changes to be made in the Organizer or Tax Form 5500 and other Schedule H or I:

  1. Navigate to Organizer > 5500 Series > Plan Name > Basic Plan Information > Basic Plan Information.
  2. Select the option for Final Return.

  3. Navigate to Organizer > 5500 Series > Plan Name > 5500 > Financial Information (Sch. H/I) > Transactions during plan year.
  4. Select the following option:

  5. Navigate to Tax Forms > Schedule H, Page 2, OR navigate to Schedule I.

    For Schedule H, Page 2, line 1(f)(b) should be NONE.

    For Schedule I, line 1(c)(b) should be NONE.

  6. Navigate to Tax Forms > Form 5500 > Page 2. Lines 6d and 6f should be NONE.

 

 

 

E-file/5500_ef_final_year_4.htm/TY2020

Last Modified: 02/17/2020

Last System Build: 09/13/2021

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