A recent Colorado news video/article drives home the importance of using the services of a solo 401k provider that includes form 5500-EZ preparation and filing as part of their annual fee. That’s why MySolo401k.net includes form 5500-EZ preparation in their $125.00 annual fee, a service that most solo 401k providers either do not provide or charge from $200 to $300 extra to prepare a form 5500-EZ.
To see the recent video/article click on: Colorado man gets $100,800 bill from IRS
To learn more about the annual form 55-EZ requirements click on: Solo 401k Form 5500-EZ.
Solo 401k Form 5500-EZ Facts
Form 5500-EZ is an annual return of One-Participant (owners and their spouses) retirement plan such as a solo 401k plan.
Due date: the last day of the seventh month after the plan year ends (July 31 for a calendar-year plan).
Must be filed if the total of the plan’s assets and the assets of all other one-participant plans maintained by the employer at the end of the plan year (generally December 31) exceeded $250,000.
Where to file: File the Form 5500-EZ at the following address:
Department of the Treasury
Internal Revenue Service
Ogden, UT 84201-10020
