The 2020 Form 5500-EZ instructions for an amended return is clarified to note: If you're filing a 2020 amended return for a one-participant plan or a foreign plan to correct errors or omissions: That you previously filed electronically through EFAST2 on the 2019 Form 5500-SF, you must submit the amended return electronically using the 2019 Form 5500-SF. Otherwise, use the 2020 Form 5500-EZ through EFAST2. Do not use the 2020 Form 5500-SF to file an amended return. That you previously filed electronically through EFAST2 using Form 5500-EZ, you must submit the amended return electronically through EFAST2 using the 2020 Form 5500-EZ. That you previously filed on a paper Form 5500-EZ with the IRS, you must submit the amended return using the paper Form 5500-EZ of the original year of filing. Amended returns for Form 5500-EZ filers for the 2020 plan year (filing in 2021 calendar year) If you're filing an amended return to amend a one-participant or foreign plan you originally filed And you're filing the amended return in Calendar Year 2021 electronically through EFAST2 on a Form 5500-SF Use the 2019 Form 5500-SF through EFAST2, if it was originally filed on a 2019 form. Otherwise, use the 2020 Form 5500-EZ through EFAST2. electronically through EFAST2 on a Form 5500-EZ Use the 2020 Form 5500-EZ through EFAST2. on a paper 5500-EZ Use the paper Form 5500-EZ for the original plan year you filed and file with the IRS. Notes The rules discussed above only apply to amended returns for the 2020 Plan Year (filing in 2021 calendar year). Beginning in 1/1/2022, EFAST2 will support three active form years, the current form year (2021), and the just-prior form years (2020 and 2019); in 2023 filing year, the 2022, 2021, and 2020 form years, and so on. Beginning in 1/1/2023, if you’re filing an amended return for a one-participant plan or foreign plan originally filed electronically using Form 5500-SF or Form 5500-EZ, you must use the prior years' Form 5500-EZ for amending returns originally filed for the prior years. Use the current year Form 5500-EZ for amending returns filed for the current year or returns originally filed older than 3-years. Do not use Form 5500-SF for an amended return. If you’re filing an amended return originally filed on paper Form 5500-EZ, you must file paper Form 5500-EZ with the IRS using the Form from the year that corresponds to the original filing.
