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Mitzy20
Level 2

Question on 5500 EZ filing deadline

Hi,

I have an extension to file federal & state returns by 10/15/21.  I also have a small business with 1 employee (myself). Normally I file the 5500 EZ by 7/31 of every year.  

My understanding is the 5500 EZ filing is also extended until 10/15/21 since I have the extension for the federal and state.  Is this true?

 

 

2 Replies
Mike9241
Level 15

Question on 5500 EZ filing deadline

it's extended if you file form 5558

When to file. To request an extension of time
to file Form 5500, Form 5500-SF, Form 5500-
EZ, and/or Form 8955-SSA, file Form 5558 on
or before the return/report’s normal due date.
The normal due date is the date the Form
5500, Form 5500-SF, Form 5500-EZ, and/or
Form 8955-SSA would otherwise be due,
without extension.
Applications for extension of time to file
Form 5500, Form 5500-SF, Form 5500-EZ,
and/or Form 8955-SSA that are filed on or
before the return/report’s normal due date on
a properly completed Form 5558 will be
automatically approved to the date that is no
later than the 15th day of the 3rd month after
the return/report’s normal due date.

 

Mitzy20
Level 2

Question on 5500 EZ filing deadline

Hi - 
I have an extension to file my federal return to Oct 15. Instructions on 5500 EZ form say this:

Note. Filers are automatically granted an extension of time to file Form 5500-EZ until the extended due date of the federal income tax return of the employer (and are not required to file Form 5558) if all of the following conditions are met.
1. The plan year and the employer's tax year are the same;
2. The employer has been granted an extension of time to file its federal income tax return to a date later than the normal due date for filing the Form 5500-EZ; and
3. A copy of the application for extension of time to file the federal income tax return is retained with the plan's records.
Be sure to check box B at the top of the form. An extension granted by using this exception cannot be extended further by filing a Form 5558 after the normal due date (without extension) of Form 5500-EZ.

 

I reached out to TT community to see if anyone knew of the automatic extension to file 5500 - based on an extension to file your federal return....

Thanks in advance for your reply.

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