Generating Form 5500 extensions in Lacerte

Below, you'll find answers to frequently asked questions about filing 5558 Extensions in the Benefit Plan module:

To generate a Form 5558 for Benefit Plan filers:

1. Go to Screen 5, Extension (5558)
2. Here you can check what type of extension the benefit plan needs. The available options are:
   • Generate Form 5558 for Form 5550 series
   • Generate Form 5558 for Form 8955-SSA
   • Generate Form 5558 for Form 5330
   • Automatic extension
   • Special extension Refer to the online instructions to determine which extension type is needed.>
3. If you are filing Form 5558 for Form 5330 complete the additional entries as needed for:
   • Payment amount
   • Code section imposing the tax
   • Reversion/amendment date

Are the extensions able to be e-filed through Lacerte?

Extensions cannot be e-filed for the 5500 series forms. See the Where to File information in the 5558 instruction booklet.

Related topics:

• Extension Form and Filing instructions for forms 7004, 4868, 8868 are not printing in Lacerte