IRS Filing

[Murali Gadepalli]

Does mysolo401k.net file annually with the IRS? If not, what is provided by mysolo401k.net for this annually and what do the account owners need to do?

Murali Gadepalli

Contact

[Mark Nolan]

Yes, we prepare the Form 5500-ez for those clients that request it as we don’t have access to our clients funds and have no way of knowing when the fair market value of their solo 401k exceeds to $250K in value.

For clients’ that inform us of their solo 401k exceeding the $250K value, we will add their account to our Form 500-EZ client annual preparation list.

We will then prepare the Form 5500-EZ for the client’ s signature and submission to the IRS by the due date of July 31.

See the following link for information surrounding the Form 5500-EZ. https://www.mysolo401k.net/solo-401k/common-solo-401k-form-5500-ez-faqs/

Mark Nolan

Compliance Officer

Contact

1-800-489-7571 www.mysolo401k.net