For building corporations, what constitutes a contribution for purposes of determining if a Form T-1 must be filed?
A. Examples of contributions would be payments for rent, maintenance, repairs, and improvements. Q. If a trust begins filing a Form 5500 for its fiscal year ending 12/31/2005 which is not due until 10/15/2006, what is the responsibility of a labor organization on 3/31/2006 if its fiscal year ends on 12/31/2005? A. If the Form 5500 has not been filed, or accepted as complete, when the reporting union’s Form LM-2 is due, the union may indicate, in Item 69, that a Form 5500 will be filed and that the Form LM-2 will be updated when it is filed. The union should also indicate whether a Form 5500 was filed for the previous year and enter the three-digit plan number as well as the nine-digit employer identification number in Item 69. If the Form 5500 is not filed by the date that it is due, however, or is not complete on that date, then the union also will be delinquent in its obligation to file a Form T-1.
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- For building corporations, what constitutes a contribution for purposes of determining if a Form T-1 must be filed?
