02-04-2004, 02:16 AM
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 Re: Two simple SIMPLE-IRA questions gindie[at]hotmail.com (gindie) wrote: - quote - > 1) Self-employed, no other employees. I understand that
1) Correct> both the employee and employer SIMPLE contributions go on > 1040 line 30. Nothing goes on Sch. C line 19. Correct? > 2) SIMPLE was started July 2003. Current value approx. > $3000. I want to verify that I don't have to file Form 5500 > or 5500-EZ. 2) You will never have to file a 5500 or 5500EZ for a SIMPLE (unless they change the rules). << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#-1
02-01-2004, 11:06 PM
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| Two simple SIMPLE-IRA questions 1) Self-employed, no other employees. I understand that both the employee and employer SIMPLE contributions go on 1040 line 30. Nothing goes on Sch. C line 19. Correct? 2) SIMPLE was started July 2003. Current value approx. $3000. I want to verify that I don't have to file Form 5500 or 5500-EZ. Thanks. << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
| Tags |
| questions, simple, simpleira |
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