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Selected IRS Documents in Hypertext Format


2005-2006 Priority Guidance Plan, Internal Revenue Service (Aug. 8, 2005)
Lists the tax issues that will be the subject of formal legal guidance during the next year. A 27-page document, it plays an important role in assisting taxpayers to navigate the tax system. The guidance plan is developed in consideration of suggestions from internal and external stakeholders, including taxpayers, tax practitioners and industry groups.
Administrative Policy Regarding Self-Correction (1/97)
This document sets forth an administrative policy of the Internal Revenue Service (Service) under which, at the discretion of the district offices, certain operational violations of the qualification requirements for pension, profit-sharing and stock bonus plans, and of the special requirements of tax sheltered annuity plans will not result in either plan disqualification or loss of the exclusion allowance nor the related adverse tax consequences. This policy is called the Administrative Policy Regarding Self-Correction (APRSC).
Alert 13A0581: Form 5500 Penalties Resulting from Timing Issues
This internal memorandum explains that some Form 5500 filers are receiving penalty notices when they should not be.
Announcement 2000- 1
This IRS announcement provides interim information about the reporting requirements that apply to certain plans of state and local governments.
Announcement 2000- 7
The Internal Revenue Service and the Treasury Department are undertaking a review of the mortality table in effect under section 412(l)(7)(C) of the Internal Revenue Code (the Code) and section 302(d)(7)(C) of the Employee Retirement Income Security Act of 1974 (ERISA).
Announcement 2000-60
The Service would like to bring to the attention of prototype plan sponsors and employers that currently maintain, or are considering adopting, section 401(k) plans the availability of automatic enrollment features in pre-approved section 401(k) plans.
Announcement 2000-71
Effective September 6, 2000, plan sponsors may adopt plan amendments that are permitted under the final regulations under section 411(d)(6). Determination letters that are issued with respect to plans for which an application is filed with the Service on or after September 6, 2000, may be relied upon with respect to whether a plan satisfies the requirements of the final regulations.
Announcement 2000-77
The purpose of this announcement is to assist practitioners and plan sponsors in filing determination letter applications for volume submitter plans where the volume submitter specimen plan has not received an advisory letter that considers all the changes in the qualification requirements made by GUST. The announcement provides guidance on the types of plan amendments that may be needed to obtain a favorable determination letter. It also discusses certain procedural requirements related to the application process.
Announcement 2000-86
The purpose of this announcement is to advise payers making distributions from IRAs of changes to the distribution codes entered in box 7 on the 2001 Form 1099-R, Distributions From Pensions, Annuities, Retirement or Profit-Sharing Plans, IRAs, Insurance Contracts, etc.
Announcement 2000-97
The purpose of this announcement is to advise employers about an additional code for use on the 2001 Form W-2. This code will be used to identify the amount of compensation related to the exercise of an employer-provided nonstatutory stock option currently required to be included in an employee's wages in boxes 1, 3 (up to the social security wage base), and 5.
Announcement 2000-99
The Internal Revenue Service reminds sponsors of master and prototype (M&P) plans and practitioners who sponsor volume submitter specimen plans that the deadline for applying for GUST opinion and advisory letters for their plans is December 31, 2000. This deadline also applies to M&P sponsors and volume submitter practitioners who use mass submitter or lead specimen plans. This deadline does not require employers who have adopted or intend to adopt M&P or volume submitter specimen plans to take any action at this time.
Announcement 2001- 12
This announcement provides a general summary of the rules for determining the GUST remedial amendment period for employers who use master and prototype (M&P) plans or volume submitter specimen plans. This summary is followed by answers to questions the Service has received regarding the application of these rules.
Announcement 2001- 6
Renumbered by the IRS as Announcement 2001-12 upon its publication February 5, 2001 in the Internal Revenue Bulletin.
Announcement 2001- 7
The purpose of this announcement is to advise employers of a change to Announcement 2000-97. Announcement 2000-97 advised employers that a new code (Code V -- Income from the exercise of nonstatutory stock options) was added for use in box 12. In response to employer concerns about implementing the reporting procedures, the use of Code V is optional for the 2001 Forms W-2.
Announcement 2001-103
/IRS, DOL and PBGC provide relief from certain penalties relating to Forms 5500 for defined benefit and money purchase pension plans that are required to be filed on or before October 15, 2001.
Announcement 2001-104
The Service has begun to issue opinion letters to sponsors of master and prototype (M&P) plans who applied for GUST opinion letters by December 31, 2000.
Announcement 2001-106
This announcement describes the new saver's credit, an income tax credit that is available to eligible taxpayers who contribute to a retirement plan or IRA.
Announcement 2001-109
Announcement of revised application forms for qualified retirement plan determination letters pursuant to new procedures described in Announcement 2001-77.
Announcement 2001-120
This announcement describes, in Spanish, the new saver's credit, an income tax credit that is available to eligible taxpayers who contribute to a retirement plan or IRA.
Announcement 2001-122
The Service is extending the cut-off date for use of the prior revision of certain forms used to apply for determination letters on the tax-qualified status of employee benefit plans. This extension will allow determination letter applicants to use the prior revision of the forms in accordance with the transition rules described in section I.G. of Announcement 2001-77, 2001-30 I.R.B. 83, through March 31, 2002.
Announcement 2001-18
The preamble to the 2001 Proposed Regulations contains a model amendment for qualified plan sponsors to adopt if they wish to follow the 2001 Proposed Regulations in making distributions for 2001 and subsequent calendar years. The first sentence of the model amendment, as published in the Federal Register on January 17, 2001, referred to distributions made in calendar years beginning on or after January 1, 2000, but was intended to refer instead to distributions made for calendar years beginning on or after January 1, 2001.
Announcement 2001-21
This announcement advises trustees and custodians of medical savings accounts of the requirement to file Form 8851, Summary of Archer MSAs, and changes for magnetic and electronic filing.
Announcement 2001-23
The Service announces supplements to Publication 575, Pension and Annuity Income, and Publication 590, Individual Retirement Arrangements, that take into account proposed regulations (REG-130477-00; REG-130481-00) substantially simplifying the calculation of minimum required distributions from qualified plans, IRAs, and other related retirement savings vehicles.
Announcement 2001-31
This document contains corrections to final regulations that were published in the Federal Register on Thursday, January 11, 2001 (66 FR 2241), that ensure that transportation benefits provided to employees are excludable from gross income.
Announcement 2001-43
This document contains corrections to final regulations (T.D. 8921, 2001-7 I.R.B. 532) that were published in the Federal Register on Wednesday, January 10, 2001 (66 FR 1837), relating to section 125 cafeteria plans.
Announcement 2001-63
The Service is now allowing the use of all three methods of Rev. Rul. 98-1 contains three methods for applying the limitations in section 415(b) in a defined benefit plan and the use of different dates for a regional prototype or volume submitter plan's RPA '94 Freeze Date and the plan's section 417(e) effective date.
Announcement 2001-77
The Service is simplifying its application procedures for determination letters on the qualification of pension, profit-sharing, stock bonus, and annuity plans under sections 401(a) and 403(a) of the Internal Revenue Code.
Announcement 2001-82
This announcement responds to concerns by qualified plan sponsors that intended to use the 2001 Proposed Regulations for distributions for 2001 but made required minimum distributions for 2001 under the 1987 Proposed Regulations prior to the date on which the plan began operating under the 2001 Proposed Regulations.
Announcement 2001-83
The IRS invites the public to participate in a dialogue on the long-term future of the Employee Plans determination letter program.
Announcement 2001-92
This announcement extends through year 2002, the relief from mandatory reporting of compensation resulting from employer- provided nonstatutory stock options in box 12 of the Form W-2, using Code V.
Announcement 2001-93
This is to advise employers how to report elective deferral catch-up contributions beginning after December 31, 2001.
Announcement 2001-96
New Form 5306-A is now available for immediate use. The new form is to be used by sponsors of prototype simplified employee pensions (SEPs) and prototype SIMPLE IRA plans to apply for opinion letters on these documents.
Announcement 2001-99
IRS announces MSA program will continue; October 1, 2001, is not a cut-off date and 2001 is not a cut-off year for the Archer MSA pilot project.
Announcement 2002- 1
/IRS approves use of draft Form 8717 during early 2002 for certain small employers who wish to avoid payment of a user fee when applying for an IRS determination letter.
Announcement 2002-108
This announcement reminds taxpayers that, as provided in Announcement 2001-92, the reporting of compensation resulting from employer-provided nonstatutory stock options in box 12 of the Form W-2, using Code V, is mandatory for Forms W-2 issued for the year 2003 and subsequent years. This announcement is consistent with the 2003 Form W-2 and its instructions that the Service intends to publish near the same time as the publication of this announcement.
Announcement 2002-18
The IRS will not assert that any taxpayer has understated his federal tax liability by reason of the receipt or personal use of frequent flyer miles or other in-kind promotional benefits attributable to the taxpayer's business or official travel. Any future guidance on the taxability of these benefits will be applied prospectively.
Announcement 2002-90
2002 is not a cut-off year for the Archer MSA pilot project by reason of either the 2001 MSA returns test of section 220(j)(2)(A) or the alternative test of section 220(j)(2)(B) of the Internal Revenue Code.
Announcement 2003- 1
The technical advice cases on cash balance conversions will not be processed until the regulation addressing the age discrimination issues is finalized.
Announcement 2003-13
The technical advice cases on cash balance conversions will not be processed until the regulation addressing the age discrimination issues is finalized.
Announcement 2003-16: Loans From a Qualified Employer Plan to Plan Participants or Beneficiaries; Correction
As published, the final regulations (T.D. 9021) contains errors that may prove to be misleading and are in need of clarification.
Announcement 2003-22
The technical advice cases on cash balance conversions will not be processed until the regulation addressing the age discrimination issues is finalized.
Announcement 2003-32: Second White Paper on Future of Employee Plans Determination Letter Program
The Service has published on the Internet a second white paper on the Employee Plans determination letter program.
Announcement 96-18
Guidance for computation of additional funding requirements under section 412(l), as amended by Retirement Protection Act of 1994, issued March 18, 1996.
Announcement 97- 20
This is to announce new "Where to File" instructions for applications for employee plan determination and other letters, as well as exempt organization applications for recognition of exemption from federal income tax, previously submitted to the Los Angeles Key District Office of Internal Revenue.
Announcement 97- 24
This announcement provides that an employer is not precluded from offering, to employees (other than 5-percent owners) who attain age 70-1/2 after 1995 and have not retired, an option to defer commencement of benefit distributions under a qualified plan merely because the plan has not yet been amended to provide for the option.
Announcement 97- 42
The Internal Revenue Service has developed proposed examination guidelines for employee plans examiners to use when examining Simplified Employee Plans (SEPs). The guidelines provide technical background and guidance as to issues that should be considered during an examination. The guidelines are not intended to be all inclusive, and may be modified based on specific issues encountered by the examiners during the examination.
Announcement 97- 70
This announcement provides transition relief for qualified plans that fail to make distributions required under the terms of the plan to an employee who attained age 70-1/2 in 1996 and who did not retire in 1996. This relief is conditioned upon the employer meeting specified requirements with respect to such an employee.
Announcement 97-121
The Service is about to issue a field directive that will provide additional insight on the self-correction program and clarify certain issues including, for example, timing for correction. In addition, in early 1998, the Service will publish a consolidated guide to the compliance programs for plan sponsors and their advisors.
Announcement 97-122
The Service is issuing two model Roth IRA Forms, 5305-R and 5305-RA, for use by trustees and custodians, respectively, beginning in 1998. In addition, the following interim guidance is provided for prototype sponsors and individual contributors to Roth IRAs established under section 408A of the Internal Revenue Code in response to questions from the public.
Announcement 98- 62
The Internal Revenue Service and the Department of the Treasury request comments from the public relating to the use of new technologies (sometimes referred to as "paperless" technologies) in the administration of retirement plans. The Service and Treasury are in the process of developing guidance relating to the use of new technologies in communications between retirement plans and their participants. This announcement solicits comments on a number of specific issues. However, comments and suggestions from interested parties concerning other issues pertinent to these technologies are also requested.
Announcement 98-105
The purpose of this document is to announce that the Internal Revenue Service will delay the effective date of the cafeteria plan temporary regulations (1.125-4T) and proposed regulations (1.125-4) published on November 7, 1997.
Announcement 98-106
The purpose of this announcement is to advise payers making distributions from Roth IRAs of changes to the distributions codes on Form 1099-R, Distributions From Pensions, Annuities, Retirement or Profit-Sharing Plans, IRAs, Insurance Contracts, etc.
Announcement 99- 2
This announcement relates to direct deposit to individual retirement accounts or annuities ("IRAs") by means of payroll deduction. As discussed in this announcement, employers may permit employees to contribute to traditional or Roth IRAs by direct deposit though payroll deduction. In addition, employees making direct deposits of deductible contributions to traditional IRAs may be able to adjust their Federal income tax withholding to receive a more immediate tax benefit from their contributions.
Announcement 99- 5
This announcement provides that alternative methods of reporting 1998 and 1999 recharacterizations of IRA contributions and 1998 and 1999 reconversions will be acceptable in certain circumstances.
Announcement 99- 18
This announcement provides supplemental instructions for the proper completion of Form 8606, Nondeductible IRAs, for Roth IRA conversions and recharacterizations. It also clarifies the proper computation of the 10% additional tax for early distributions in the case of Roth IRA conversions and subsequent withdrawals from Roth IRA accounts. Finally, it corrects the computation of modified AGI for purposes of Roth IRAs on page 2 and the Ed IRA Contribution Worksheet on page 3 in the separate instructions for Form 8606.
Announcement 99- 37
Effective immediately, all applications for extension of time to file Forms 5500, 5500-C/R, and 5500-EZ will be automatically approved if the request (Form 5558) is filed on or before the normal due date of the return or report. The Form 5558, Application for Extension of Time to File Certain Employee Plan Returns, must be properly completed and signed in order for the filer to receive an automatic approval of up to 2-1/2 months.
Announcement 99- 57
The Internal Revenue Service has been informed that some taxpayers who have already timely filed their 1998 Federal income tax returns would like to recharacterize 1998 IRA contributions, including amounts contributed to Roth IRAs as conversions for which the taxpayers were not eligible (because their modified adjusted gross income exceeded $100,000 or because they were married individuals filing separate returns). For these taxpayers, the deadline for making the election to recharacterize is 6 months after the unextended due date of their returns, as described below.
Announcement 99- 77
The Service announces three actions as a result of the Ninth Circuit's opinion in Boyd Gaming Corporation v. Comm'r.
Announcement 99- 81
On July 22, 1999, the Internal Revenue Service (IRS) will make, among other documents, Litigation Guideline Memoranda (LGMs), issued between January 1, 1986 and October 20, 1998, available for public inspection.
Announcement 99-104
This announcement provides relief to taxpayers who would like to recharacterize 1998 IRA contributions, including amounts contributed to Roth IRAs as conversions when the taxpayers were not eligible. Pursuant to this announcement, these taxpayers have until the end of 1999 to recharacterize their 1998 IRA contributions.
Announcement 99-106
This announcement provides a 1-year extension of certain alternative methods of reporting IRA recharacterizations and reconversions.
Employee Benefits Projects on the IRS' 2000 Priority Guidance Plan
Taken from the 2000 Priority Guidance Plan issued March 21, 2000 by the IRS.
FR Doc 06-4270
FR Doc E8-24653
FR Doc E8-25635
Field Service Advice 200040001
Issue: Whether the portion of the total purchase price allocated to the customer-based intangible/goodwill can be used to structure a split-dollar life insurance arrangement whereby avoiding taxation of the gain realized.
IRS Documents
Map to IRS documents reprinted on BenefitsLink in hypertext format: Revenue Rulings, Revenue Procedures, Announcements, Notices, News Releases, Private Letter Rulings, Technical Advice Memoranda, General Counsel Memoranda, etc.
IRS News Release IR-2004-127
The Internal Revenue Service today announced cost of living adjustments applicable to dollar limitations for pension plans and other items for Tax Year 2005.
IRS Notice 2005-61
The purpose of this notice is to clarify the Form W-2 reporting requirements when an employer has amended a cafeteria plan document to provide a grace period for qualified dependent care assistance immediately following the end of a cafeteria plan year.
Model Amendment to Adopt SIMPLE 401(k) Provisions
This amendment adds to the plan SIMPLE 401(k) provisions that are intended to satisfy the requirements of sections 401(k)(11) and 401(m)(10) of the Internal Revenue Code.
New Phone Number to Check the Status of VCP Submissions
News Release IR 97-41
/IRS announces 1998 pension plan limitations.
News Release IR 98-63
/IRS News Release 98-63 provides cost-of-living adjustments applicable to dollar limitations that are adjusted at the same time and in the same manner as provided in section 415(d) of the Internal Revenue Code.
News Release IR 99-35
Some tax returns this year have reported the conversion of a traditional individual retirement arrangement (IRA) into a Roth IRA despite the taxpayer's income being above the $100,000 limit for making such conversions. The Internal Revenue Service says that taxpayers who do not qualify for Roth IRA conversions have until the filing deadline to correct their mistake and avoid possible penalties.
News Release IR 99-80
The Internal Revenue Service today announced cost-of-living adjustments applicable to dollar limitations for pension plans and other items for Tax Year 2000.
News Release IR 99-92
The Internal Revenue Service and the U.S. Department of Labor's Pension and Welfare Benefits Administration have granted extensions to pension and other employee benefit plans (Form 5500 filers) in the federal disaster areas due to Hurricane Floyd and Hurricane Irene. Plan administrators will have until November 30, 1999, to file required returns/reports.
News Release IR 99-93
Evelyn Petschek, Commissioner of the Internal Revenue Service's new Tax Exempt and Government Entities (TE/GE) Division, today announced the directors for the division's Employee Plans, Exempt Organizations and Government Entities functions.
News Release IR-1999-78
The Internal Revenue Service is giving taxpayers until the end of the year to change their Roth IRA contributions or conversions for 1998 back to traditional IRAs. This will be especially important for those who converted a traditional IRA to a Roth IRA but later found that they were not eligible to do so.
News Release IR-2000-19
Paul T. Shultz named as the Director of Employee Plans Rulings and Agreements for the Internal Revenue Service's Tax Exempt and Government Entities (TE/GE) Division.
News Release IR-2000-82: Pension Plan Limitations For Tax Year 2001
The Internal Revenue Service today announced cost-of-living adjustments applicable to dollar limitations for pension plans and other items for Tax Year 2001. However, these limitations may be affected by pending legislation awaiting action by Congress. If this legislation is enacted before the end of the year, some of the cost-of-living adjustments described below may be modified, and the IRS will announce any modifications as soon as possible.
News Release IR-2001-107: Employees Should Plan 2002 Retirement Contributions Now to Get Full Benefit of the New Saver's Tax Credit
Qualifying employees should make plans now to benefit from the new Saver's Credit next year, the Internal Revenue Service advises. This tax credit, which will be available only from 2002 through 2006, will help offset the cost of the first $2,000 contributed to IRAs, 401(k)s and certain other retirement plans.
News Release IR-2001-115: 2002 Dollar Limitations Applicable to Pension Plans
The Internal Revenue Service today announced the dollar limitations applicable to pension plans that become effective January 1, 2002 under the Economic Growth and Tax Relief Act of 2001 (EGTRRA), and cost-of-living adjustments applicable to dollar limitations for pension plans and other items for Tax Year 2002.
News Release IR-2002-100: Mileage Rates for 2003
The Internal Revenue Service today announced the optional standard mileage rates to use for 2003 in computing the deductible costs of operating an automobile for business, charitable, medical or moving expense purposes.
News Release IR-2002-111
The Internal Revenue Service today announced cost-of-living adjustments applicable to dollar limitations for pension plans and other items for Tax Year 2003. Section 415 of the Internal Revenue Code provides for dollar limitations on benefits and contributions under qualified retirement plans. It also requires that the Commissioner annually adjust these limits for cost-of-living increases.
News Release IR-2002-50: IRS Further Simplifies Distribution Rules For Retirement Plans
The Internal Revenue Service announced today that simplified rules for required retirement plan distributions, incorporating many suggestions made after the IRS proposed these rules in January 2001, will take effect next year.
News Release IR-2002-9: GUST Amendment Deadline is February 28, 2002
The Internal Revenue Service reminds employers and plan administrators to amend their employees' retirement plans by the February 28, 2002, deadline. They must amend these plans to accommodate extensive changes contained in recent legislation affecting employee plans. This deadline affects qualified retirement plans, which include 401(k) plans, defined benefit pension plans, profit-sharing plans, ESOPs and Keogh plans.
News Release IR-97-31
The Internal Revenue Service and the U.S. Department of Labor's Pension and Welfare Benefits Administration have granted extensions to pension and other employee benefit plans in the federal disaster areas of Minnesota, North Dakota and South Dakota. Plan administrators will have until June 30, 1997, to file required returns/reports.
Notice 2000- 3
This notice provides additional guidance regarding 401(k) plans that are intended to satisfy the 401(k) safe harbors. This guidance responds to comments and suggestions regarding ways to make it easier for employers both to adopt and to administer 401(k) safe harbor plans.
Notice 2000-11
This notice contains a Safe Harbor Explanation that plan administrators may provide to recipients of eligible rollover distributions from qualified plans in order to satisfy section 402(f) of the Internal Revenue Code. It is an updated version of the Safe Harbor Explanation that was published in Notice 92-48, 1992-2 C.B. 377.
Notice 2000-14
The Internal Revenue Service and the Treasury Department are undertaking a review of issues posed by "new comparability" plans and invite public comments.
Notice 2000-30
This notice specifies a new method to be used by IRA trustees, issuers and custodians for reporting IRA recharacterizations and reconversions occurring after 2000.
Notice 2000-32
This notice provides additional relief relating to the exception to the definition of eligible rollover distribution for certain hardship distributions, which was added to sections 402(c)(4) and 403(b)(8)(B) of the Internal Revenue Code by section 6005(c)(2)(A) and (B) of the Internal Revenue Service Restructuring and Reform Act of 1998. Transition relief and guidance relating to the exception was initially provided in Notice 99-5, 1999-3 I.R.B. 10. In response to comments from representatives of plan sponsors and recordkeepers regarding their significant difficulties in implementing certain requirements of Notice 99-5, this notice provides permanent relief to sponsors of qualified plans where records pertaining to pre-1989 contributions are unavailable, and also provides transition relief to sponsors of both qualified plans and section 403(b) annuities from certain other requirements of Notice 99-5.
Notice 2000-38
This notice describes the withholding and reporting requirements applicable to eligible deferred compensation plans described in section 457(b) of the Internal Revenue Code of 1986.
Notice 2000-39
This notice permits a new method to be used for calculating the net income attributable to IRA contributions made after 1999 that are distributed as a returned contribution pursuant to section 408(d)(4) of the Internal Revenue Code or recharacterized pursuant to section 408A(d)(6). However, until further guidance is issued, net income may continue to be calculated under the existing method set forth in the Income Tax Regulations.
Notice 2000-56
This notice provides guidance on which entity is treated as the grantor and owner of a grantor trust when a parent corporation contributes its stock to a rabbi trust for the benefit of the employees of a subsidiary.
Notice 2000-66
2001 limitations adjusted as provided in section 415(d), etc.
Notice 2001-10
This notice clarifies prior rulings issued by the IRS regarding the taxation of split-dollar arrangements, provides taxpayers with interim guidance on the tax treatment of split-dollar arrangements pending publication of further guidance, and requests taxpayer comments on the interim guidance and a number of unresolved issues.
Notice 2001-14
This notice is intended to clarify the application of FICA, FUTA and income tax withholding to statutory stock options.
Notice 2001-37
The purpose of this notice is to provide guidance relating to the amendments made by section 314(e) of the Community Renewal Tax Relief Act of 2000 to sections 403(b)(3), 414(s)(2), and 415(c)(3) of the Internal Revenue Code. These Code sections provide definitions of compensation that apply to plans described in sections 401(a) and 403(a) and section 403(b). The CRA amendments change these compensation definitions to reflect the amount of the compensation reduction elected for qualified transportation fringes that is not includible in the employee's gross income by reason of section 132(f)(4) of the Code. The CRA amendments to sections 403(b)(3), 414(s), and 415(c)(3) are retroactively effective for years beginning after December 31, 1997.
Notice 2001-42
This notice provides guidance concerning amendments to plans qualified under §§ 401(a) and 403(a) of the Internal Revenue Code related to the Economic Growth and Tax Relief Reconciliation Act of 2001, Pub. L. 107-16 (EGTRRA). Changes made by EGTRRA to the Code provisions related to qualified plans include changes that require plan amendment to preserve qualification and changes that require plan amendment only if the plan sponsor chooses to change the plan.
Notice 2001-46
This notice provides relief from the application of the nondiscrimination requirements of the Internal Revenue Code for certain church and governmental plans. In particular, this notice extends the effective date of regulations under sections 401(a)(4), 401(a)(5), 401(l), and 414(s) of the Internal Revenue Code for nonelecting church plans until further notice, but in no case earlier than the first plan year beginning on or after January 1, 2003.
Notice 2001-55
This notice provides guidance to qualified tuition programs described in section 529 of the Internal Revenue Code and participants in section 529 programs regarding the restriction on investment direction described in section 529(b)(5).
Notice 2001-56
This notice provides guidance relating to the effective dates for sections 611(c), 613, and 636(a) of the Economic Growth and Tax Relief Reconciliation Act of 2001 (EGTRRA), Pub. L. 107-16. Section 611(c) of EGTRRA increases the compensation limit of section 401(a)(17) of the Internal Revenue Code (Code) and related sections. Section 613 of EGTRRA modifies the rules in section 416 of the Code regarding determination of top-heavy status. Section 636(a) of EGTRRA directs the Secretary to revise the regulations relating to hardship distributions under section 401(k)(2)(B)(i)(IV) of the Code.
Notice 2001-57
This notice provides sample plan amendments for the changes to the plan qualification requirements under § 401(a) of the Internal Revenue Code that were made by the Economic Growth and Tax Relief Reconciliation Act of 2001, Pub. L. 107-16 ("EGTRRA"). These sample amendments will help plan sponsors and sponsors and adopters of pre-approved plans comply with the requirement to adopt good faith EGTRRA plan amendments on a timely basis.
Notice 2001-69
The Service will not assert that payments made by an employer to an organization described in section 170(c), in exchange for vacation, sick, or personal leave that the employee elects to forgo, constitute gross income or wages of an employee, PROVIDED that the payments are made to such organizations before January 1, 2003.
Notice 2001-72
This notice provides proposed rules regarding an employer's income tax withholding and reporting obligations upon sale or disposition of stock acquired by an individual pursuant to the exercise of a statutory stock option, i.e. an incentive stock option (ISO) under section 422 or an option granted under an employee stock purchase plan (ESPP) under section 423.
Notice 2001-73
This notice provides proposed rules of administrative convenience relating to the application of the Federal Insurance Contributions Act (FICA) and Federal Unemployment Tax Act (FUTA) to statutory stock options, i.e., incentive stock options under section 422 (ISOs) and options granted pursuant to an employee stock purchase plan under section 423 (ESPP options).
Notice 2001-84
Limitations under Code section 415 and other Code sections, applicable to qualified retirement plans for 2002.
Notice 2001-9
This notice provides relief from the application of the nondiscrimination requirements of the Internal Revenue Code for certain governmental and church plans.
Notice 2002- 1
This notice provides guidance on section 620 of EGTRRA, which provides that, for requests made after December 31, 2001, the Secretary of the Treasury or the Secretary's delegate shall not require payment of user fees for requests to the Internal Revenue Service for certain determination letters with respect to the qualified status of a pension, profit-sharing, stock bonus, annuity, or employee stock ownership plan.
Notice 2002- 2
This notice provides guidance in question and answer format regarding the changes made to § 404(k) of the Internal Revenue Code by § 662 of EGTRRA. This notice also provides guidance on the effective date of § 409(p) of the Code, as added by § 656 of EGTRRA, regarding the allocation of stock in an S corporation held by an employee stock ownership plan.
Notice 2002- 3
This notice contains a Safe Harbor Explanation that plan administrators may provide to recipients of eligible rollover distributions from employer plans in order to satisfy § 402(f) of the Internal Revenue Code. It is an updated version of the Safe Harbor Explanation that was published in Notice 2000-11, 2000-6 I.R.B. 572, to reflect changes made by EGTRRA. This notice also contains a Safe Harbor Explanation that administrators of governmental 457 plans may provide to recipients of eligible rollover distributions from a governmental 457 plan in order to satisfy § 402(f).
Notice 2002- 4
This notice provides guidance with respect to the effect on distributions from a section 401(k) plan of §§ 636(a) and 646 of EGTRRA. Section 636(a) of EGTRRA provides that the Secretary shall revise the regulations relating to hardship distributions under § 401(k)(2)(B)(i)(IV) of the Internal Revenue Code. Section 646 of EGTRRA amends the provisions of Code § 401(k)(2) and (10) to permit a plan to provide for distributions on severance from employment. This notice also provides guidance under Code § 414(v), added by § 631 of EGTRRA, on the application of the universal availability requirement under Code § 414(v)(4) in the case of an applicable employer plan (within the meaning of § 414(v)(6)(A)) that is also qualified under Puerto Rico law and provides a transition rule for satisfying the universal availability requirement for 2002.
Notice 2002- 7
This notice supplements and expands the tax relief granted by the Service under § 7508A of the Internal Revenue Code in Notice 2001-61 and Notice 2001-68 for taxpayers affected by the September 11, 2001, terrorist attack.
Notice 2002- 8
This notice revokes IRS Notice 2001-10; announces that the Treasury and the Service intend to publish proposed regulations providing comprehensive guidance regarding the Federal tax treatment of split-dollar life insurance arrangements; outlines rules expected to be included in the forthcoming proposed regulations and the expected effective date of those regulations; and provides guidance regarding the valuation of current life insurance protection under a split-dollar life insurance arrangement, under qualified retirement plans and under employee annuity contracts.
Notice 2002-31
This notice sets forth the contents of a proposed revenue ruling explaining how the Federal Insurance Contributions Act (FICA), the Federal Unemployment Tax Act (FUTA), and the Collection of Income Tax at Source on Wages (income tax withholding) apply to a transfer of interests in nonstatutory stock options and nonqualified deferred compensation to a former spouse incident to a divorce.
Notice 2002-48
This notice addresses two other variations on the Rev. Rul. 90-105 fact pattern, neither of which involves grace period contributions.
Notice 2002-59
This notice explains the standards for valuing current life insurance protection under a split-dollar life insurance arrangement.
Notice 2002-71
This notice contains cost-of-living adjustments to various limits for 2003 for tax-qualified retirement plans under Internal Revenue Code section 401, including section 415.
Notice 2003- 2
The Internal Revenue Service and Treasury Department intend to issue regulations that will provide further guidance on the minimum distribution requirements of § 401(a)(9) of the Internal Revenue Code for defined benefit plans and annuity contracts. In particular, it is anticipated that the regulations will contain a transition rule permitting plans to satisfy certain requirements set forth in proposed regulations under § 401(a)(9) issued prior to 2002 in lieu of complying with the requirements in A-1 of § 1.401(a)(9)-6T of the Temporary Income Tax Regulations. Further, it is anticipated that the regulations will contain a transition rule permitting the entire interest under an annuity contract to be determined without taking into account the value of certain benefits that would be required to be taken into account under A-12 of § 1.401(a)(9)-6T. Finally, it is anticipated that the regulations will provide that governmental plans must comply with the regulations as of a special effective date described below and will provide transitional relief for the period before the special effective date.
Notice 2003- 3
This notice clarifies IRS Notice 2002-27, which provides guidance on the reports that trustees are required to make regarding minimum distributions from individual retirement accounts and annuities. Specifically, it provides that a trustee can satisfy the requirement to provide statements regarding required minimum distributions to the owners of the IRAs for which it is the trustee by using one of the two alternatives provided in Notice 2002-27 for some IRA owners and the other alternative for other IRA owners. Further, this notice provides guidance on how these statements can be transmitted electronically.
Notice 2003- 6
The Internal Revenue Service and the Treasury intend to issue regulations that will provide further guidance on the application of the nondiscrimination requirements of the Internal Revenue Code for governmental plans within the meaning of § 414(d), other than for plans of State and local governments or political subdivisions, agencies or instrumentalities thereof. It is anticipated that these regulations will provide that such governmental plans will be deemed to satisfy § 401(a)(4), 401(a)(26), 401(k)(3), and 401(m) of the Code until the first day of the first plan year beginning on or after the date final regulations are issued. In addition, this notice requests comments on how the nondiscrimination requirements should be applied to such governmental plans under these regulations.
Notice 2003-1
This notice informs taxpayers that Notice 2001-69, 2001-2 C.B. 491, will not be extended to payments made on or after January 1, 2003.
Notice 2003-10
IRS intends to propose regs on benefits that are treated as early retirement benefits and retirement-type subsidies for purposes of section 411(d)(6)(B) of the Internal Revenue Code.
Notice 2003-15
This notice provides a proposed revenue procedure that would establish certain safe harbors for determining the finality of the adoption of a foreign-born child for purposes of the adoption credit and the exclusion for employer-provided assistance for qualified adoption expenses.
Notice 2003-20
This notice describes the withholding and reporting requirements applicable to eligible deferred compensation plans described in § 457(b) of the Internal Revenue Code (" § 457(b) plans") for periods after December 31, 2001.
Notice 2003-22
The Internal Revenue Service and the Treasury Department have become aware of a type of arrangement, described below, that is being promoted to and used by taxpayers for the purpose of avoiding or evading federal income and employment taxes. This notice alerts taxpayers and their representatives that the tax benefits purportedly generated by these arrangements are not allowable for federal income or employment tax purposes. This notice also alerts taxpayers, their representatives, and promoters of these arrangements of certain responsibilities that may arise from participating in or promoting these arrangements.
Notice 2003-24
The Internal Revenue Service and the Treasury Department have become aware of certain arrangements purporting to qualify as collectively-bargained welfare benefit funds excepted from the account limits of § 419 and § 419A of the Internal Revenue Code. This notice alerts taxpayers and their representatives that the tax benefits purportedly generated by these transactions are not allowable for federal income tax purposes. This notice also identifies some purported collectively bargained arrangements as listed transactions and alerts taxpayers, their representatives, and organizers or sellers of these transactions to certain responsibilities that may arise from participating in these transactions.
Notice 2003-25
Canadian Retirement Plan Trust Reporting
Notice 2003-47
This notice addresses a transaction being promoted to and used by taxpayers to avoid or evade federal income and employment taxes related to compensatory stock options. This notice alerts taxpayers and their representatives that the tax benefits purportedly generated by these transactions are not allowable for federal income tax purposes.
Notice 2003-49: Elimination of User Fees for Certain Determination Letter Requests Pursuant to Section 620 of the Economic Growth and Tax Relief Reconciliation Act of 2001
This notice provides guidance on the application of section 620 of the Economic Growth and Tax Relief Reconciliation Act of 2001, Pub. L. 107-16 (EGTRRA), regarding elimination of user fees for certain determination letter requests.
Notice 2003-62
The Internal Revenue Service and the Treasury Department request comments regarding the mortality tables used in determining current liability under § 412(l)(7) of the Internal Revenue Code and § 302(d)(7) of the Employee Retirement Income Security Act of 1974 (ERISA). The Service and Treasury anticipate that in no event will there be any change in the mortality tables for plan years beginning before January 1, 2005.
Notice 92-48
Text of the Safe Harbor Explanation provided by the IRS for purposes of complying the Code section 402(g), regarding the notice of tax consequences that must be given whenever a distribution from a pension plan is an eligible rollover distribution.
Notice 95-34
Taxpayers and their representative have inquired as to whether certain trust arrangements qualify as multiple employer welfare benefit funds exempt from the limits of section 419 and section 419A of the Internal Revenue Code. The Service is issuing this Notice to alert taxpayers and their representatives to some of the significant tax problems that may be raised by these arrangements.
Notice 96-67
This Notice addresses certain issues related to amendments, made by section 1404 of the Small Business Job Protection Act of 1996, Pub.L. 104-188 (SBJPA), to the minimum distribution requirements of section 401(a)(9) of the Internal Revenue Code. Specifically, the notice provides guidance on the application of section 401(a)(9), as amended by the SBJPA, to employees (other than 5-percent owners) who attain age 70-1/2 in 1996 but who have not retired by the end of 1996.
Notice 97- 6
[G]uidance, in the form of questions and answers, with respect to the SIMPLE plan provisions that are part of the Small Business Job Protection Act of 1996 ("SBJPA"), Pub. Law 104-l88.
Notice 97-45
This notice provides guidance relating to the definition of highly compensated employee ("HCE") under section 414(q) of the Internal Revenue Code ("Code"), as amended by section 1431 of the Small Business Job Protection Act of 1996, Pub. L. 104-188 ("SBJPA"). The section 414(q) definition of HCE is incorporated by certain provisions of the Code that apply nondiscrimination requirements to various employee benefit plans, entities, or arrangements ("plans").
Notice 97-75
This notice provides guidance relating to the amendments to the minimum distribution requirements of section 401(a)(9) of the Internal Revenue Code ("Code") made by section 1404 of the Small Business Job Protection Act of 1996, Pub. L. 104-188 ("SBJPA").
Notice 98- 1
This notice provides guidance and transition relief relating to recent statutory amendments to the nondiscrimination rules under section 401(k) and section 401(m) of the Internal Revenue Code. The rules applicable to qualified cash or deferred arrangements under section 401(k) and matching and employee contributions under section 401(m) were amended by the Small Business Job Protection Act of 1996 (SBJPA), Pub. L. 104-188.
Notice 98- 8
This notice provides guidance relating to the requirements applicable to eligible deferred compensation plans described in section 457(b) of the Internal Revenue Code ("section 457(b) plans"). Section 457 was amended by sections 1447 and 1448 of the Small Business Job Protection Act of 1996, Pub. L. 104-188 ("SBJPA"), and more recently by section 1071 of the Taxpayer Relief Act of 1997, Pub. L. 105-34 ("TRA '97").
Notice 98-12
A key decision that millions of Americans face each year is whether to elect "COBRA" health care continuation coverage. The purpose of this notice is to help people decide whether to elect COBRA coverage. In order to make that decision, they need to know about two laws, COBRA and HIPAA. This notice provides information -- in the form of questions and answers -- about some factors that employees and their families should take into account in deciding whether to elect COBRA continuation coverage.
Notice 98-24
This notice provides guidance concerning the tax treatment of net unrealized appreciation in employer securities distributed from a qualified retirement plan, to the extent such appreciation is realized in a subsequent taxable transaction. Specifically, this notice provides guidance regarding the holding period to be used for determining the capital gains tax rate that applies with regard to net unrealized appreciation under section 1(h) of the Internal Revenue Code ("Code") as amended by section 311 of the Taxpayer Relief Act of 1997 ("TRA '97"), Pub. L. 105-34. This guidance applies to sales or other dispositions of employer securities that occur before the later of January 1, 2001, or the date further guidance is issued.
Notice 98-29
Section 411(d)(6) of the Internal Revenue Code precludes qualified retirement plan amendments that have the effect of eliminating optional forms of benefit and further states, in section 411(d)(6)(B), that the Secretary may provide exceptions to this provision. The Internal Revenue Service and the Treasury Department are considering further guidance exercising this authority in order to address a number of concerns in this area. The Service and Treasury believe that any such relief should take into account the interests of participants and the practical needs of employers in effectively and efficiently providing retirement benefits for their employees, including the need to adapt plans to changing circumstances. The Service and Treasury are inviting comments on possible approaches before regulations are proposed.
Notice 98-39
This notice extends, until the first day of the first plan year beginning on or after January 1, 2001, the effective date of certain nondiscrimination regulations for nonelecting church plans. Specifically, this notice extends the effective date of the regulations under sections 401(a)(4), 401(a)(5), 401(l), and 414(s) of the Internal Revenue Code. This notice also extends the TRA '86 remedial amendment period for such provisions, and other related administrative relief for nonelecting church plans, until the last day of the first plan year beginning on or after January 1, 2001.
Notice 98-49
This notice provides guidance relating to Service-approved Roth IRA documents and IRA reporting requirements. In addition, this notice summarizes a number of recent changes in the law governing all IRAs, which affect Notice 87-13, 1987-1 C.B. 432, and Notice 87-16, 1987-1 C.B. 446.
Notice 98-50
/IRS Notice 98-50 responds to questions that have arisen regarding whether a taxpayer who has converted an amount from a traditional IRA to a Roth IRA may not only transfer the amount back to a traditional IRA in a recharacterization but also subsequently "reconvert" that amount from the traditional IRA to a Roth IRA.
Notice 98-52
/IRS Notice 98-52 provides guidance on the design-based alternative or "safe harbor" methods in section 401(k)(12) and section 401(m)(11) of the Internal Revenue Code for satisfying the section 401(k) and section 401(m) nondiscrimination tests.
Notice 99- 5
This notice provides transition relief and guidance relating to the exception to the definition of eligible rollover distribution for certain hardship distributions. This exception was added to sections 402(c)(4) and 403(b)(8)(B) of the Internal Revenue Code (the "Code") by section 6005(c)(2)(A) and (B) of the Internal Revenue Service Restructuring and Reform Act of 1998, Pub. L. 105-206 ("RRA 98"). The transition relief responds to significant comment activity evidencing the inability of many plan administrators and taxpayers to adjust their systems to accommodate the new exception by January 1, 1999. In general, the relief granted allows both section 401(a) plans and section 403(b) annuities to delay implementation of the exception as it applies to distributions occurring before January 1, 2000.
Notice 99-16
This notice provides procedures for implementing a change in method of accounting to comply with section 404(a)(11) of the Internal Revenue Code, regarding the payment of deferred compensation.
Notice 99-40
This notice provides that certain governmental plans shall be deemed to satisfy section 401(a)(4), 401(a)(26), 401(k)(3), and 401(m) of the Internal Revenue Code until the first day of the first plan year beginning on or after January 1, 2001. In accordance with this relief, the regulations relating to these provisions do not apply until plan years beginning after that date. This relief is available with respect to governmental plans within the meaning of section 414(d) other than plans of State and local governments or political subdivisions, agencies or instrumentalities thereof. This relief is provided in light of difficulties, which are unique to the governmental employers that maintain these plans, in determining compliance with the nondiscrimination requirements. See section 3.07 of Rev. Proc. 99-23, 1999-16 I.B. 5, for the remedial amendment period for disqualifying provisions of these plans relating to these nondiscrimination and other requirements.
Notice 99-44
This notice provides guidance relating to the repeal of the combined limitation on defined benefit and defined contribution plans under section 415(e) of the Internal Revenue Code (the Code) made by the Small Business Job Protection Act of 1996 (SBJPA), Pub. L. 104-88. In addition, this notice provides guidance on the amendment to the definition of compensation under section 415(c)(3) made by the same act.
Notice of Public Hearing on 3/14/05 on Proposed Rulemaking re Distribution From a Pension Plan Under a Phased Retirement Program
This document contains a notice of public hearing on a proposed rulemaking that provide rules permitting distributions to be made from a pension plan under a phased retirement program and set forth requirements for a bona fide phased retirement program.
Notice of revised annual return/report forms (the Form 5500 Series) from IRS, DOL and PBGC (2/2/2000)
This document announces the adoption of the revised annual return/report forms (the Form 5500 Series) filed for employee pension, welfare and fringe benefit plans under the Employee Retirement Income Security Act of 1974, as amended (ERISA), and the Internal Revenue Code of 1986, as amended, (the Code). The Form 5500 Series is the principal source of information and data concerning the operation, funding, assets and investments of pension, welfare and fringe benefit plans, and also serves as the primary means by which the operation of plans can be monitored by participants, beneficiaries and the general public. The form revisions are being adopted concurrent with the implementation of a new computerized ERISA Filing Acceptance System (EFAST) to improve the forms and simplify and expedite the receipt and processing of the Form 5500 Series by relying on computer scannable forms and electronic filing technologies. The revised forms affect the financial and other information required to be reported and disclosed by employee benefit plans. The Form 5500-EZ is not discussed in this notice.
PLR 199931047 (May 10, 1999)
Private letter ruling addressing timing of termination of 401(k) plan when sponsored by a company that became part of a controlled group.
Part III
Private Letter Ruling 200031060
PLR describing use of participant's self-directed qualified plan account to purchase long-term disability insurance.
Private Letter Ruling 200050046
PLR describing effect of divorce on pre-59-1/2 IRA distribution stream.
Private Letter Ruling 200137064
/IRS holds that contributions to plan to restore amounts taken out as back-end charges on group annuity contracts had to be counted as contributions for purposes of Code section 404 and other sections, rather than as restorative payments.
Private Letter Ruling 200217059
/IRS holds that bullion coins and bullion bars that are assets of IRAs in the physical possession of a non-IRA custodian are collectibles within the meaning of section 408(m)(1).
Private Letter Ruling 200252093
IRS rules that an assignment of a participant's retirement account under a qualified domestic relations order (QDRO) to secure the participant's non-retirement plan obligations to a former spouse is permitted under the Code's QDRO provisions.
Private Letter Ruling 200327064
IRS grants a couple a waiver of the 60-day rollover period under Internal Revenue Code section 408(d)(3) so they can contribute to one or more IRAs an amount that had been misappropriated from the IRAs.
Proposed Revision of Annual Information Return/Reports
This document contains a proposal by the Department of Labor, the Internal Revenue Service, and the Pension Benefit Guaranty Corporation (the Agencies) to streamline and simplify the annual return/report forms (the Form 5500 Series) filed for employee pension, welfare and fringe benefit plans under the Employee Retirement Income Security Act of 1974 (ERISA) and the Internal Revenue Code of 1986, as amended (the Code).
Revenue Procedure 2000- 4
This revenue procedure explains how the Internal Revenue Service gives guidance to taxpayers on issues under the jurisdiction of the Commissioner, Tax Exempt and Government Entities Division. It explains the kinds of guidance and the manner in which guidance is requested by taxpayers and provided by the Service. A sample format of a request for a letter ruling is provided.
Revenue Procedure 2000- 6
This revenue procedure sets forth the procedures of the various offices of the Internal Revenue Service for issuing determination letters on the qualified status of pension, profit-sharing, stock bonus, annuity, and employee stock ownership plans (ESOPs) under sections 401, 403(a), 409 and 4975(e)(7) of the Internal Revenue Code of 1986, and the status for exemption of any related trusts or custodial accounts under section 501(a).
Revenue Procedure 2000- 8
This revenue procedure provides guidance for complying with the user fee program of the Internal Revenue Service as it pertains to requests for letter rulings, determination letters, etc. on matters under the jurisdiction of the Commissioner, Tax Exempt and Government Entities Division; and requests for administrative scrutiny determinations under Rev. Proc. 93-41, 1993-2 C.B. 536.
Revenue Procedure 2000-16
This revenue procedure updates and consolidates the IRS' comprehensive system of correction options for sponsors of retirement plans that unintentionally fail to qualify under sections 401(a), 403(a), or 403(b).
Revenue Procedure 2000-17
This revenue procedure provides for a waiver of the 100 percent tax imposed under section 4971(b) of the Internal Revenue Code on an employer who maintains a pension plan for which there is an accumulated funding deficiency under section 412. The waiver is applicable to certain terminated single-employer defined benefit plans if specific conditions are satisfied.
Revenue Procedure 2000-20
This revenue procedure revises and combines the Service's master and prototype (M&P) and regional prototype plan programs into a unified program for the pre-approval of pension, profit-sharing, and annuity plans.
Revenue Procedure 2000-27
This revenue procedure opens the Internal Revenue Service's determination letter program to allow sponsors of qualified plans to obtain determination letters that take into account all the changes in the qualification requirements made by GUST, including those changes made by the Small Business Job Protection Act of 1996 that are first effective in plan years beginning after December 31, 1998. This procedure also extends until the last day of the first plan year beginning on or after January 1, 2001, the remedial amendment period under sec. 401(b) of the Code for amending plans for GUST, as well as the TRA '86 remedial amendment period for governmental and nonelecting church plans. Finally, this revenue procedure extends by an additional year the period of extended reliance for certain plans that received favorable determination, opinion, or notification letters under TRA '86.
Revenue Procedure 2001- 6
This revenue procedure sets forth the procedures of the various offices of the Internal Revenue Service for issuing determination letters on the qualified status of pension, profit-sharing, stock bonus, annuity, and employee stock ownership plans (ESOPs) under sections 401, 403(a), 409 and 4975(e)(7) of the Internal Revenue Code of 1986, and the status for exemption of any related trusts or custodial accounts under section 501(a).
Revenue Procedure 2001-17, Appendix A
This revenue procedure updates the comprehensive system of correction programs for sponsors of retirement plans that are intended to satisfy the requirements of section 401(a), section 403(a), or section 403(b) of the Internal Revenue Code (the Code), but that have not met these requirements for a period of time. This system, the Employee Plans Compliance Resolution System (EPCRS), permits plan sponsors to correct these failures and thereby continue to provide their employees with retirement benefits on a tax-favored basis. The components of EPCRS are the Self-Correction Program (SCP), the Voluntary Correction Program (VCP), and the Audit Closing Agreement Program (Audit CAP).
Revenue Procedure 2001-17, Appendix B
This revenue procedure updates the comprehensive system of correction programs for sponsors of retirement plans that are intended to satisfy the requirements of section 401(a), section 403(a), or section 403(b) of the Internal Revenue Code (the Code), but that have not met these requirements for a period of time. This system, the Employee Plans Compliance Resolution System (EPCRS), permits plan sponsors to correct these failures and thereby continue to provide their employees with retirement benefits on a tax-favored basis. The components of EPCRS are the Self-Correction Program (SCP), the Voluntary Correction Program (VCP), and the Audit Closing Agreement Program (Audit CAP).
Revenue Procedure 2001-17, Appendix C
This revenue procedure updates the comprehensive system of correction programs for sponsors of retirement plans that are intended to satisfy the requirements of section 401(a), section 403(a), or section 403(b) of the Internal Revenue Code (the Code), but that have not met these requirements for a period of time. This system, the Employee Plans Compliance Resolution System (EPCRS), permits plan sponsors to correct these failures and thereby continue to provide their employees with retirement benefits on a tax-favored basis. The components of EPCRS are the Self-Correction Program (SCP), the Voluntary Correction Program (VCP), and the Audit Closing Agreement Program (Audit CAP).
Revenue Procedure 2001-17, part 1
This revenue procedure updates the comprehensive system of correction programs for sponsors of retirement plans that are intended to satisfy the requirements of section 401(a), section 403(a), or section 403(b) of the Internal Revenue Code (the Code), but that have not met these requirements for a period of time. This system, the Employee Plans Compliance Resolution System (EPCRS), permits plan sponsors to correct these failures and thereby continue to provide their employees with retirement benefits on a tax-favored basis. The components of EPCRS are the Self-Correction Program (SCP), the Voluntary Correction Program (VCP), and the Audit Closing Agreement Program (Audit CAP).
Revenue Procedure 2001-17, part 2
This revenue procedure updates the comprehensive system of correction programs for sponsors of retirement plans that are intended to satisfy the requirements of section 401(a), section 403(a), or section 403(b) of the Internal Revenue Code (the Code), but that have not met these requirements for a period of time. This system, the Employee Plans Compliance Resolution System (EPCRS), permits plan sponsors to correct these failures and thereby continue to provide their employees with retirement benefits on a tax-favored basis. The components of EPCRS are the Self-Correction Program (SCP), the Voluntary Correction Program (VCP), and the Audit Closing Agreement Program (Audit CAP).
Revenue Procedure 2001-17, part 3
This revenue procedure updates the comprehensive system of correction programs for sponsors of retirement plans that are intended to satisfy the requirements of section 401(a), section 403(a), or section 403(b) of the Internal Revenue Code (the Code), but that have not met these requirements for a period of time. This system, the Employee Plans Compliance Resolution System (EPCRS), permits plan sponsors to correct these failures and thereby continue to provide their employees with retirement benefits on a tax-favored basis. The components of EPCRS are the Self-Correction Program (SCP), the Voluntary Correction Program (VCP), and the Audit Closing Agreement Program (Audit CAP).
Revenue Procedure 2001-17, part 4
This revenue procedure updates the comprehensive system of correction programs for sponsors of retirement plans that are intended to satisfy the requirements of section 401(a), section 403(a), or section 403(b) of the Internal Revenue Code (the Code), but that have not met these requirements for a period of time. This system, the Employee Plans Compliance Resolution System (EPCRS), permits plan sponsors to correct these failures and thereby continue to provide their employees with retirement benefits on a tax-favored basis. The components of EPCRS are the Self-Correction Program (SCP), the Voluntary Correction Program (VCP), and the Audit Closing Agreement Program (Audit CAP).
Revenue Procedure 2001-17, part 5
This revenue procedure updates the comprehensive system of correction programs for sponsors of retirement plans that are intended to satisfy the requirements of section 401(a), section 403(a), or section 403(b) of the Internal Revenue Code (the Code), but that have not met these requirements for a period of time. This system, the Employee Plans Compliance Resolution System (EPCRS), permits plan sponsors to correct these failures and thereby continue to provide their employees with retirement benefits on a tax-favored basis. The components of EPCRS are the Self-Correction Program (SCP), the Voluntary Correction Program (VCP), and the Audit Closing Agreement Program (Audit CAP).
Revenue Procedure 2001-17, part 6
This revenue procedure updates the comprehensive system of correction programs for sponsors of retirement plans that are intended to satisfy the requirements of section 401(a), section 403(a), or section 403(b) of the Internal Revenue Code (the Code), but that have not met these requirements for a period of time. This system, the Employee Plans Compliance Resolution System (EPCRS), permits plan sponsors to correct these failures and thereby continue to provide their employees with retirement benefits on a tax-favored basis. The components of EPCRS are the Self-Correction Program (SCP), the Voluntary Correction Program (VCP), and the Audit Closing Agreement Program (Audit CAP).
Revenue Procedure 2001-17, part 7
This revenue procedure updates the comprehensive system of correction programs for sponsors of retirement plans that are intended to satisfy the requirements of section 401(a), section 403(a), or section 403(b) of the Internal Revenue Code (the Code), but that have not met these requirements for a period of time. This system, the Employee Plans Compliance Resolution System (EPCRS), permits plan sponsors to correct these failures and thereby continue to provide their employees with retirement benefits on a tax-favored basis. The components of EPCRS are the Self-Correction Program (SCP), the Voluntary Correction Program (VCP), and the Audit Closing Agreement Program (Audit CAP).
Revenue Procedure 2001-17: Table of Contents
Table of contents; this revenue procedure updates the comprehensive system of correction programs for sponsors of retirement plans that are intended to satisfy the requirements of section 401(a), section 403(a), or section 403(b) of the Internal Revenue Code (the Code), but that have not met these requirements for a period of time. This system, the Employee Plans Compliance Resolution System (EPCRS), permits plan sponsors to correct these failures and thereby continue to provide their employees with retirement benefits on a tax-favored basis. The components of EPCRS are the Self-Correction Program (SCP), the Voluntary Correction Program (VCP), and the Audit Closing Agreement Program (Audit CAP).
Revenue Procedure 2001-54
This announcement describes the new saver's credit, an income tax credit that is available to eligible taxpayers who contribute to a retirement plan or IRA.
Revenue Procedure 2001-55
This revenue procedure extends the GUST remedial amendment period under § 401(b) of the Code for all plans to February 28, 2002, if the period would otherwise end before then. Second, the revenue procedure provides an additional extension to June 30, 2002, for plans that were directly affected by the September 11, 2001, terrorist attack on the United States.
Revenue Procedure 2002- 6
This revenue procedure sets forth the procedures of the various offices of the Internal Revenue Service for issuing determination letters on the qualified status of pension, profit- sharing, stock bonus, annuity, and employee stock ownership plans (ESOPs) under sections 401, 403(a), 409 and 4975(e)(7) of the Internal Revenue Code of 1986, and the status for exemption of any related trusts or custodial accounts under section 501(a).
Revenue Procedure 2002- 8
This revenue procedure provides guidance for complying with the user fee program of the Internal Revenue Service as it pertains to requests for letter rulings, determination letters, etc. on matters under the jurisdiction of the Commissioner, Tax Exempt and Government Entities Division; and requests for administrative scrutiny determinations under Rev. Proc. 93-41, 1993-2 C.B. 536.
Revenue Procedure 2002-10
This revene procedure provides (1) guidance to drafters of IRAs, SEPs and SIMPLE IRA plans; (2) guidance to users of Internal Revenue Service model IRAs and plans; and (3) transitional relief for users of IRAs and plans that have not been approved by the Service.
Revenue Procedure 2002-13
This revenue procedure provides guidance for valuing stock options, including a safe harbor for valuing compensatory stock options for purposes of §§ 280G and 4999 of the Internal Revenue Code. The Internal Revenue Service will treat the value of a compensatory stock option determined in accordance with the requirements of this revenue procedure as properly determined for purposes of §§ 280G and 4999.
Revenue Procedure 2002-35
This revenue procedure establishes streamlined procedures to avoid the disqualification of plans intended to satisfy § 401(a) or § 403(a) of the Internal Revenue Code on account of failure to be timely amended for GUST. These streamlined procedures are available only if the plan sponsor applies for a determination letter by September 3, 2002.
Revenue Procedure 2002-50
This revenue procedure provides an exception from reporting on Form 1099-B, Proceeds From Broker and Barter Exchange Transactions, for transactions involving an employee, former employee, or other service provider who has obtained a stock option in connection with the performance of services. Where the service provider purchases stock through the exercise of the stock option and sells that stock on the same day through a broker, the broker executing such a sale is not required to report the sale on Form 1099-B, provided certain conditions are met.
Revenue Procedure 2002-73
This revenue procedure extends the time for making various amendments to qualified retirement plans. First, the revenue procedure extends the time for amending pre-approved plans to comply with GUST to September 30, 2003. Second, the revenue procedure extends the time for amending plans to comply with Rev. Rul. 2001-62, 2001-2 C.B. 632, regarding changes to the mortality tables under § 417(e) of the Internal Revenue Code, and Rev. Rul. 2002-27, 2002-20 I.R.B. 925, regarding the incorporation of deemed § 125 compensation in a plan's § 415(c)(3) definition of compensation. The time by which a plan must be amended to comply with these revenue rulings is extended to the end of the plan's GUST remedial amendment period. Finally, the revenue procedure extends the time for amending plans to comply with § 314(e) of the Community Renewal Tax Relief Act of 2000 to the latest of the end of the first plan year beginning on or after January 1, 2002, the end of the plan's GUST remedial amendment period, or June 30, 2003.
Revenue Procedure 2003-10
This revenue procedure modifies Rev. Proc. 2002-29, to postpone until the end of the EGTRRA remedial amendment period the time by which qualified defined benefit plans must be amended to comply with final and temporary regulations under § 401(a)(9) of the Internal Revenue Code, relating to required minimum distributions. The revenue procedure also provides that until further notice determination letters for defined benefit plans will not take into account the requirements of these regulations. These changes are being made in conjunction with Notice 2003-2.
Revenue Procedure 2003-13
This revenue procedure provides guidance for employers that want to amend their plans qualified under § 401(a) of the Internal Revenue Code to include deemed IRAs described in § 408(q). The revenue procedure also provides a sample plan amendment that may be used, in conjunction with IRA language, to amend a qualified plan to provide for deemed IRAs.
Revenue Procedure 2003-16
This revenue procedure provides guidance on applying to the Internal Revenue Service for a waiver of the 60-day rollover requirement contained in sections 402(c)(3) and 408(d)(3) of the Internal Revenue Code. It also provides for an automatic waiver under certain circumstances.
Revenue Procedure 2003-23
Treasury and the Service have determined that it is consistent with the purposes of, and policies underlying, employee stock ownership plans (ESOPs) to enable an ESOP to direct certain rollovers of distributions of S corporation stock to an individual retirement plan (IRA) in accordance with a distributee's election without terminating the corporation's S election.
Revenue Procedure 2003-44, Appendix A: Operational Failures and Correction Methods
Appendix A: Operational Failures and Correction Methods.
Revenue Procedure 2003-44, Appendix B: Correction Methods and Examples; Earnings Adjustment Methods and Examples
Appendix B: Correction Methods and Examples; Earnings Adjustment Methods and Examples.
Revenue Procedure 2003-44, Appendix C: VCP Checklist
Appendix C: VCP Checklist.
Revenue Procedure 2003-44, Appendix D: Sample Formats for VCP Submissions
Appendix D: Sample Formats for VCP Submissions; Sample Format for VCP Submission for Qualified Plan Failure to Amend Timely for Tax Legislation.
Revenue Procedure 2003-44, Part 1: Introduction to Employee Plans Compliance Resolution System
Part 1: Introduction to Employee Plans Compliance Resolution System. Purpose and Overview; Effect of This Revenue Procedure on Programs.
Revenue Procedure 2003-44, Part 2: Program Effect and Eligibility
Part 2: Program Effect and Eligibility. Effect of EPCRS; Reliance; Program Eligibility.
Revenue Procedure 2003-44, Part 3: Definitions, Correction Principles, and Rules of General Applicability
Part 3: Definitions, Correction Principles, and Rules of General Applicability.
Revenue Procedure 2003-44, Part 4: Self-Correction (SCP)
Part 4: Self-Correction (SCP); Self-Correction of Insignificant Operational Failures; Self-Correction of Significant Operational Failures
Revenue Procedure 2003-44, Part 5: Voluntary Correction Program with Service Approval (VCP)
Part 5: Voluntary Correction Program with Service Approval (VCP).
Revenue Procedure 2003-44, Part 6: Correction on Audit (Audit CAP)
Part 6: Correction on Audit (Audit CAP).
Revenue Procedure 2003-44, Part 7: Effect on Other Documents; Effective Date; Paperwork Reduction Act; Drafting Information
Part 7: Effect on Other Documents; Effective Date; Paperwork Reduction Act; Drafting Information.
Revenue Procedure 2003-44: Hyperlinked Table of Contents
Table of contents. This revenue procedure updates the comprehensive system of correction programs for sponsors of retirement plans that are intended to satisfy the requirements of § 401(a), § 403(a), § 403(b), § 408(k), or § 408(p) of the Internal Revenue Code, but that have not met these requirements for a period of time.
Revenue Procedure 2005-66
Is the employer subsidy for maintaining prescription drug coverage provided under section 1860D-22 of the Social Security Act (SSA), as added by section 101 of the Medicare Prescription Drug, Improvement and Modernization Act of 2003, Pub. L. 108-173 (MMA) taken into account in computing the applicable employer cost for purposes of determining whether the minimum cost requirement of section 420(c)(3) is satisfied?
Revenue Procedure 92-64
This Revenue Procedure contains a model grantor trust for use in executive compensation arrangements that are popularly referred to as "rabbi trust" arrangements. This Revenue Procedure also provides guidance for requesting rulings on nonqualified deferred compensation plans that use such trusts.
Revenue Procedure 97-29
This revenue procedure (1) provides a model amendment that may be used, prior to January 1, 1999, by a sponsor of a prototype individual retirement account or annuity (IRA) to establish a SIMPLE IRA (an IRA designed to accept contributions under a SIMPLE IRA Plan described in section 408(p)) of the Internal Revenue Code; (2) provides guidance on obtaining opinion letters to drafters of prototype SIMPLE IRAs; (3) provides permissive amendments to sponsors of nonSIMPLE IRAs (IRAs that are designed to accept contributions other than under SIMPLE IRA Plans); (4) announces the opening of a program for prototype SIMPLE IRA Plans; and (5) provides transitional relief for users of SIMPLE IRAs and SIMPLE IRA Plans that have not been approved by the Internal Revenue Service.
Revenue Procedure 97-41
This revenue procedure provides guidance to sponsors of pension, profit-sharing and stock bonus plans qualified under section 401(a) or 403(a) of the Internal Revenue Code (qualified plans) and tax-sheltered annuity plans described in section 403(b) (section 403(b) plans) with respect to the date by which they must adopt amendments to comply with changes in the law made by the Small Business Job Protection Act of 1996, Pub. L. 104-188 (SBJPA), the Uruguay Round Agreements Act, Pub. L. 103-465 (GATT), and the Uniformed Services Employment and Reemployment Rights Act of 1994, Pub. L. 103-353 (USERRA).
Revenue Procedure 98- 6
This revenue procedure sets forth the procedures of the various offices of the Internal Revenue Service for issuing determination letters on the qualified status of pension, profit-sharing, stock bonus, annuity, and employee stock ownership plans (ESOPs) under sections 401, 403(a), 409 and 4975(e)(7) of the Internal Revenue Code of 1986, and the status for exemption of any related trusts or custodial accounts under section 501(a).
Revenue Procedure 98-14
This revenue procedure opens the Internal Revenue Service's determination letter program for qualified plans that seek to comply with the changes in the qualification requirements made by the Uruguay Round Agreements Act, Pub. L. 103-465 (GATT), and the Taxpayer Relief Act of 1997, Pub. L. 105-34 (TRA '97), as well as those changes in the qualification requirements made by the Small Business Job Protection Act of 1996, Pub. L. 104-188 (SBJPA) (including section 414(u) and the Uniformed Services Employment and Reemployment Rights Act of 1994, Pub. L. 103-353 (USERRA)), that are effective before the first day of the first plan year beginning on or after January 1, 1999.
Revenue Procedure 98-16
This revenue procedure sets forth generally applicable standards for determining whether service in the employ of certain public or private nonprofit schools, colleges, universities, or affiliated organizations described in section 509(a)(3) of the Internal Revenue Code (the Code) performed by a student qualifies for the exception from Federal Insurance Contributions Act (FICA) tax provided under section 3121(b)(10) of the Code (Student FICA exception). These standards are intended to provide objective and administrable guidelines for determining employment tax liability. The Student FICA exception standards were developed in response to requests for guidance by many public and private nonprofit institutions of higher education.
Revenue Procedure 98-22
This revenue procedure provides a comprehensive system of correction programs for sponsors of retirement plans that are intended to satisfy the requirements of section 401(a) or section 403(a) of the Internal Revenue Code.
Revenue Procedure 98-40
This Revenue Procedure describes the conditions under which the sponsor of an eligible deferred compensation plan under section 457(b) of the Internal Revenue Code may obtain a ruling from the Service that takes into account changes made by the Small Business Job Protection Act of 1996 and the Taxpayer Relief Act of 1997.
Revenue Procedure 98-41
This Revenue Procedure provides model amendments that may be used by an eligible employer (as defined in section 457(e)(1) of the Internal Revenue Code) to amend its section 457(b) plan to reflect the revisions made to section 457 of the Internal Revenue Code by the Small Business Job Protection Act of 1996 and by the Taxpayer Relief Act of 1997.
Revenue Procedure 98-42
This revenue procedure provides guidance regarding the application of the minimum funding standards under section 412 of the Internal Revenue Code and the limitations on deductions under section 404 to qualified money purchase pension plans. If the requirements described in this revenue procedure are satisfied, a future plan amendment related to recent changes in the law that is made retroactively effective will be deemed to have been adopted and put into effect as of the amendment's retroactive effective date for purposes of applying section 412 and 404 to a money purchase pension plan.
Revenue Procedure 98-53
This revenue procedure modifies Rev. Proc. 98-14, 1998-4 I.R.B. 22, to give sponsors of individually-designed pension, profit-sharing and stock bonus plans, including volume submitter plans, the option of requesting that applications for determination letters involving section 401(a) or section 403(a) of the Code be reviewed without taking into account changes in the plan qualification requirements made by the Uruguay Round Agreements Act, Pub. L. 103-465 (GATT), the Small Business Job Protection Act of 1996, Pub. L. 104-188 (SBJPA) (including section 414(u) and the Uniformed Services Employment and Reemployment Rights Act of 1994, Pub. L. 103-353 (USERRA)), and the Taxpayer Relief Act of 1997, Pub. L. 105-34 (TRA '97). This option is being provided in response to employer and practitioner comments and will continue until further notice. This option will allow employers to take advantage of the full remedial amendment period for changes in the plan qualification requirements under these acts.
Revenue Procedure 98-59
This IRS Revenue Procedure (1) provides guidance on obtaining opinion letters to drafters of Roth IRAs and (2) provides transitional relief for users of Roth IRAs that have not been approved by the Internal Revenue Service.
Revenue Procedure 99-13
This revenue procedure provides a comprehensive system of correction programs and procedures for an employer that offers a plan that is intended to satisfy the requirements of section 403(b) of the Internal Revenue Code (the "Code"), but that has failed to satisfy those requirements because of Operational, Demographic, or Eligibility Failures. This system permits an employer to correct these failures, and thereby provide its employees with retirement benefits on a tax-favored basis. This revenue procedure modifies and amplifies the Employee Plans Compliance Resolution System (EPCRS), set forth in Rev. Proc. 98-22, 1998-12 I.R.B. 11, to include specific programs and procedures relating to 403(b) Plans. In addition, this revenue procedure replaces the program described in Rev. Proc. 95-24, 1995-1 C.B. 694, which established the Tax Sheltered Annuity Voluntary Correction (TVC) program, and which was extended by Rev. Proc. 96-50, 1996-2 C.B. 370. Except as otherwise indicated in this revenue procedure, the specific provisions of EPCRS apply to 403(b) Plans.
Revenue Procedure 99-23
This revenue procedure extends until the last day of the first plan year beginning on or after January 1, 2000, the remedial amendment period under section 401(b) of the Code for amending plans that are qualified under section 401(a) or section 403(a) for changes made by the Small Business Job Protection Act of 1996, Pub. L. 104- 188 ("SBJPA") and for other recent changes in the law.
Revenue Procedure 99-31
This revenue procedure augments the Employee Plans Compliance Resolution System (EPCRS). It describes and illustrates many of the correction methods sponsors of qualified plans under Internal Revenue Code section 401(a) or 403(a) can use to correct failures to comply with the qualified plan rules.
Revenue Procedure 99-44
This revenue procedure sets forth the circumstances under which the Internal Revenue Service will treat a contract as an annuity contract described in sections 403(a), 403(b) or 408(b) of the Internal Revenue Code notwithstanding that contract premiums are invested at the direction of the contract holder in publicly available securities.
Revenue Procedure 99-50
This revenue procedure permits combined information reporting by a successor business entity (i.e., a corporation, partnership, or sole proprietorship) in certain situations following a merger or an acquisition and supersedes Rev. Proc. 90-57, 1990- 2 C.B. 641 and Rev. Rul. 69-556, 1969-2 C.B. 242. This revenue procedure explains both the procedure otherwise required under the regulations and an elective procedure for preparing and filing certain Forms 1042-S, all forms in the series 1098, 1099, and 5498, and Forms W-2G, in certain situations involving a successor business entity and a predecessor business entity (i.e., a corporation, partnership, or sole proprietorship) when the successor acquires substantially all of the property (1) used in the trade or business of the predecessor (including certain situations when one or more corporations are absorbed by another corporation pursuant to a merger agreement), or (2) used in a separate unit of a trade or business of the predecessor.
Revenue Ruling 2000- 2
May an executor elect under section 2056(b)(7) of the Internal Revenue Code to treat an individual retirement account (IRA) and a trust as qualified terminable interest property (QTIP) if the trustee of the trust is the named beneficiary of decedent's IRA and the surviving spouse can compel the trustee to withdraw from the IRA an amount equal to all the income earned on the IRA assets at least annually and to distribute that amount to the spouse?
Revenue Ruling 2000- 8
Will employer contributions to a profit-sharing plan fail to be considered elective contributions, within the meaning of section 1.401(k)-1(g)(3) of the Income Tax Regulations, made under a qualified cash or deferred arrangement, within the meaning of section 401(k) of the Internal Revenue Code, merely because they are made pursuant to an arrangement under which a fixed percentage of an employee's compensation is contributed to the plan unless the employee affirmatively elects to receive the amount in cash?
Revenue Ruling 2000-24
Are amounts paid by an individual for expenses (including transportation costs, registration fee, meals and lodging) of attending a medical conference relating to the chronic disease of the individual's dependent deductible as medical expenses under section 213 of the Internal Revenue Code?
Revenue Ruling 2000-27
Will a distribution of amounts deferred by an employee under a cash or deferred arrangement under section 401(k) of the Internal Revenue Code be considered to have been made earlier than the employee's separation from service, within the meaning of section 401(k)(2)(B)(i)(I), if the distribution is made after the sale to an unrelated employer of assets constituting less than substantially all of the assets of a trade or business of the employee's employer?
Revenue Ruling 2000-33
Will a deferred compensation plan fail to be an eligible deferred compensation plan described in section 457(b) of the Internal Revenue Code merely because deferrals are made under an arrangement whereby a fixed percentage of an employee's compensation is deferred on the employee's behalf under the plan unless the employee affirmatively elects to receive the amount in cash?
Revenue Ruling 2000-35
Will employer contributions to an annuity contract described in section 403(b) of the Internal Revenue Code fail to be considered to be made under a salary reduction agreement merely because they are made pursuant to an arrangement under which a fixed percentage of an employee's compensation is contributed to the annuity contract unless the employee affirmatively elects to receive the amount in cash?
Revenue Ruling 2000-36
Will an amendment to change the default method of payment to a direct rollover for involuntary distributions when a distributee fails affirmatively to elect to make a direct rollover or to elect a cash payment under the facts described below cause the plan to fail to satisfy section 401(a)(31) or section 411(d)(6) of the Internal Revenue Code?
Revenue Ruling 2000-53
This revenue ruling provides tables of covered compensation under section 401(l)(5)(E) of the Internal Revenue Code (the "Code") and the Income Tax Regulations, thereunder, for the 2001 plan year.
Revenue Ruling 2001-30
This revenue ruling provides guidance with respect to the application of IRC section 1.401(a)(4)-8(b) of the Income Tax Regulations relating to compliance of certain new comparability and similar defined contribution plans with the nondiscrimination requirements of IRC section 401(a)(4) of the Internal Revenue Code.
Revenue Ruling 2001-51
This revenue ruling provides guidance relating to the increases in the limitations of section 415 of the Internal Revenue Code (Code) enacted as part of the Economic Growth and Tax Relief Reconciliation Act of 2001 (EGTRRA), Pub. L. 107-16.
Revenue Ruling 2001-55
The covered compensation tables for the year 2002 under section 401 of the Code are provided for use in determining contributions to defined benefit plans and permitted disparity.
Revenue Ruling 2001-62
Issue: What mortality table is the prescribed table under § 415(b)(2)(E)(v) of the Internal Revenue Code and the applicable mortality table under § 417(e)(3)(A)(ii)(I)?
Revenue Ruling 2002- 3
Issue: Whether, under the facts described, the exclusions from gross income under §§106(a) or 105(b) of the Internal Revenue Code apply to reimbursements by an employer to employees for salary reduction amounts used to pay for health insurance premiums.
Revenue Ruling 2002-22
Issue: Is a taxpayer who transfers interests in nonstatutory stock options and nonqualified deferred compensation to the taxpayer's former spouse incident to divorce required to include an amount in gross income upon the transfer?
Revenue Ruling 2002-27
Issue: Whether employer contributions used to purchase group health coverage under § 125 of the Internal Revenue Code are included in the gross income of the employee solely because the plan uses an automatic enrollment process whereby the employee's salary is reduced each year to pay for a portion of the coverage unless the employee affirmatively elects to receive the amount in cash.
Revenue Ruling 2002-32
Issue: In an asset sale, may transferred employees who have elected to participate in health flexible spending arrangements (FSAs) under seller's I.R.C. § 125 cafeteria plan continue that benefit without interruption at the same level of coverage after becoming employees of buyer?
Revenue Ruling 2002-42
Whether, in the absence of other facts indicating a partial termination, the merger or conversion of a money purchase pension plan into a profit-sharing plan results in a partial termination of the money purchase pension plan under section 411(d)(3) of the Internal Revenue Code.
Revenue Ruling 2002-45
are payments to the trust of a defined contribution plan qualified under section 401(a) of the Internal Revenue Code treated as contributions for purposes of sections 401(a)(4), 401(k)(3), 401(m), 404, 415(c), or 4972?
Revenue Ruling 2002-46
Whether contributions made during the § 404(a)(6) grace period to a qualified cash or deferred arrangement within the meaning of § 401(k) or to a defined contribution plan as matching contributions within the meaning of § 401(m) are deductible by an employer for a taxable year, if the contributions are designated as satisfying a liability established before the end of that taxable year but are attributable to compensation earned by plan participants after the end of that taxable year.
Revenue Ruling 2002-58
Whether amounts reimbursed under a self-insured medical expense reimbursement plan for medical expenses incurred by an employee prior to the establishment of the plan are excludable from the gross income of the employee under section 105(b) of the Internal Revenue Code.
Revenue Ruling 2002-63
This revenue ruling provides tables of covered compensation under section 401(l)(5)(E) of the Internal Revenue Code and the Income Tax Regulations, thereunder, for the 2003 plan year.
Revenue Ruling 2002-73
Rev. Rul. 2002-46 is modified. Rev. Proc. 2002-9 is modified and amplified.
Revenue Ruling 2002-80
Issue: Whether, under the facts described, amounts an employer pays to an employee as "advance reimbursements" or "loans" are excluded from gross income under § 105(b) and from employment taxes under §§ 3401(a), 3121(a), and 3306(b) of the Internal Revenue Code.
Revenue Ruling 2002-84
Under the facts described below, what amount is required to be treated as a distribution in a year in which payments made to an individual by a qualified retirement plan described in § 401(a) of the Internal Revenue Code are reduced because, in a prior year, the individual received payments in excess of the amounts due to the individual?
Revenue Ruling 2002-88
Issue: If an employee eliminates the coverage of the employee's spouse under a group health plan in anticipation of their divorce, when must a plan that is required to make COBRA continuation coverage available to the spouse begin to make that coverage available?
Revenue Ruling 2003- 6
The Internal Revenue Service and the Treasury Department understand that certain arrangements involving employee stock ownership plans (ESOPs) that hold employer securities in an S corporation are being used for the purpose of claiming eligibility for the delayed effective date of § 409(p) of the Code, under section 656(d)(2) of EGTRRA. This revenue ruling alerts taxpayers and their representatives that the tax benefits purportedly generated by these transactions are not allowable for federal income tax purposes. This revenue ruling also alerts taxpayers, their representatives, and organizers or sellers of these transactions to certain responsibilities that may arise from participating in these transactions.
Revenue Ruling 2003-102
Issue: Are reimbursements by an employer of amounts paid by an employee for medicines, drugs, or dietary supplements purchased by the employee without a physician's prescription excludable from gross income under § 105(b) of the Internal Revenue Code?
Revenue Ruling 2003-11
Issue: Whether a plan amendment that reflects the increase in the allowable compensation limit contained in section 611(c) of EGTRRA, and applies that increase to former employees, will satisfy the nondiscrimination rules of §401(a)(4) and the minimum coverage requirements of §410(b) of the Internal Revenue Code.
Revenue Ruling 2003-12
Are grants employees receive under an employer's program to pay or reimburse certain reasonable and necessary medical, temporary housing, or transportation expenses they incur as a result of a flood includible in gross income?
Revenue Ruling 2003-19
Issue: What are the tax consequences when, as described in the facts below, a mutual insurance company converts to a stock insurance company?
Revenue Ruling 2003-27
IRS rules that an ESOP is required to adjust its basis in S corporation stock under § 1367(a) for the ESOP's pro rata share of the corporation's items, and that upon the distribution of S corporation stock by an ESOP to a participant, the stock's net unrealized appreciation under § 402(e)(4) is determined using the ESOP's adjusted basis in the stock.
Revenue Ruling 2003-32
If a private foundation awards educational grants to employees or children of employees of a particular employer who are victims of a qualified disaster as defined in §139 of the Internal Revenue Code, and the educational grants do not satisfy the percentage test of Rev. Proc. 76-47, are these educational grants treated as scholarships subject to the provisions of §117 and not treated as taxable expenditures under §4945(d)(3)?
Revenue Ruling 2003-43
Issue: Whether, under the facts described, employer-provided expense reimbursements made through debit or credit cards and other electronic media are excludable from gross income under § 105 of the Internal Revenue Code.
Revenue Ruling 2003-46
This revenue ruling provides guidance concerning the applicability of the Medicare portion of FICA tax under Internal Revenue Code § 3121(u)(2) to employees of state and local governments. Specifically, this revenue ruling considers the interaction between §§ 3121(u)(2)(C) and 3121(b)(7)(F) in the context of the continuing employment exception.
Revenue Ruling 2003-47
Is the plan described below a length of service award plan described in § 457(e)(11)(A)(ii) of the Internal Revenue Code? When are benefits under the plan includible in gross income? Are benefits paid under the plan wages for purposes of FICA taxes?
Revenue Ruling 2003-57
Are amounts paid by individuals for breast reconstruction surgery, vision correction surgery, and teeth whitening medical care expenses within the meaning of § 213(d) and deductible under § 213 of the Internal Revenue Code?
Revenue Ruling 2003-58
Are amounts paid by an individual for medicines that may be purchased without a prescription of a physician deductible under § 213 of the Internal Revenue Code? Are amounts paid by an individual for equipment, supplies, or diagnostic devices that may be purchased without a prescription of a physician deductible under § 213?
Revenue Ruling 2003-62
Issue: Whether amounts distributed from a qualified retirement plan that the distributee elects to have applied to pay health insurance premiums under a cafeteria plan are includible in the distributee's gross income under section 402(a) of the Internal Revenue Code.
Revenue Ruling 2003-65
If accruals under a qualified retirement plan are frozen, so that a partial termination of the plan occurs, and accruals under the plan subsequently resume, must all years of service for the plan sponsor following the establishment of the plan be taken into account for purposes of vesting?
Revenue Ruling 2003-70
Issue: If, as a result of a transfer of stock, two previously separate employers are treated as a single employer for purposes of the COBRA continuation coverage requirements, how is the number of employees who were employed by the combined entity during the preceding calendar year determined for purposes of applying to the combined entity the exception from the COBRA continuation coverage requirements for group health plans maintained by employers that normally employed fewer than 20 employees during the preceding calendar year?
Revenue Ruling 2003-72
This revenue ruling applies a uniform method of determining when a child attains a specific age for purposes of the following sections of the Internal Revenue Code: 21 (dependent care credit), 23 (adoption credit), 24 (child tax credit), 32 (earned income credit), 129 (dependent care assistance programs), 131 (foster care payments), 137 (adoption assistance programs), and 151 (dependency exemptions).
Revenue Ruling 2003-83
Issue: Does the aggregate entry age normal funding method constitute a reasonable funding method within the meaning of § 412(c)(3) of the Internal Revenue Code and § 1.412(c)(3)-1 of the Income Tax Regulations?
Revenue Ruling 2003-85
If a defined benefit plan is terminated, and an amount in excess of 25 percent of the maximum amount otherwise available for reversion is transferred from the terminating defined benefit plan to a defined contribution plan, what is the tax treatment of the amount transferred to the defined contribution plan and of any reversion to the employer from the terminating defined benefit plan?
Revenue Ruling 2003-88
Issue: What starts the running of the statute of limitations for purposes of the excise taxes imposed by § 4971 of the Internal Revenue Code on failure to satisfy the minimum funding standards of § 412?
Revenue Ruling 2005-48
Issue: If an employee exercises a nonstatutory option more than six months after grant, but is subject to restrictions on his ability to sell the stock obtained through exercise of the option under rule 10b-5 under the Securities Exchange Act of 1934 and contractual provisions, is the employee required to recognize income under section 83 of the Internal Revenue Code at the time of the exercise of the option?
Revenue Ruling 2005-60
Is the employer subsidy for maintaining prescription drug coverage provided under section 1860D-22 of the Social Security Act (SSA), as added by section 101 of the Medicare Prescription Drug, Improvement and Modernization Act of 2003, Pub. L. 108-173 (MMA) taken into account in computing the applicable employer cost for purposes of determining whether the minimum cost requirement of section 420(c)(3) is satisfied?
Revenue Ruling 2006-43
Sets forth actions required in order for a governmental employer to "pick up" employee contributions to a qualified plan so that the contributions are treated as employer contributions.
Revenue Ruling 96-20
Questions and Answers on establishment and maintenance of certain amortization bases under section 412(1) as amended by Retirement Protection Act of 1994, issued March 18, 1996.
Revenue Ruling 96-21
This revenue ruling provides questions and answers relating to the transition rule of Section 412(l) (11) of the Internal Revenue Code, as amended by the Retirement Protection Act of 1994 (RPA '94), which is part of the Uruguay Round Agreements Act, Pub. L. 103-465 (GATT).
Revenue Ruling 97-20
In the case of family coverage, what constitutes a "high-deductible health plan" for purposes of section 220(c)(2)(A) of the Code?
Revenue Ruling 98- 1
This revenue ruling modifies and supersedes Rev. Rul. 95-29, 1995-1 C.B. 81, which provided questions and answers on the limitations on benefits and contributions under section 415 of the Internal Revenue Code (Code), as amended by the Uruguay Round Agreements Act, Pub. L. No. 103-465 (GATT), which includes the Retirement Protection Act of 1994 (RPA '94).
Revenue Ruling 98-30
Will employer contributions to a profit-sharing plan fail to be considered elective contributions, within the meaning of section 1.401(k)-1(g)(3) of the Income Tax Regulations, made under a qualified cash or deferred arrangement, within the meaning of section 401(k) of the Internal Revenue Code, merely because they are made pursuant to an arrangement under which, in any case in which an employee does not affirmatively elect to receive cash, the employee's compensation is reduced by a fixed percentage and that amount is contributed on the employee's behalf to the plan?
Revenue Ruling 98-41
This Revenue Ruling modifies Rev. Rul. 67-301 to be consistent with 1980 regulations under Code section 584, which say that any amount of income or loss of a common trust fund that is included in the computation of a participating tax-qualifed plan trust's taxable income for the taxable year shall be treated as income or loss from an unrelated trade or business to the extent that the amount would have been income or loss from an unrelated trade or business if the investments of the common trust fund had been made directly by the qualified plan's trust.
Revenue Ruling 98-53
This Revenue Ruling provides tables of covered compensation under section 401(l)-(5)(E) of the Internal Revenue Code (the "Code") and the Income Tax Regulations, thereunder, for the 1999 plan year.
Revenue Ruling 99-28
Issue: Are uncompensated amounts paid by taxpayers for participation in a smoking-cessation program, for prescribed drugs designed to alleviate nicotine withdrawal, and for nicotine gum and nicotine patches that do not require a prescription, expenses for medical care that are deductible under section 213 of the Internal Revenue Code?
Revenue Ruling 99-47
This revenue ruling provides tables of covered compensation under section 401(1)-(5)(E) of the Internal Revenue Code and the Income Tax Regulations, thereunder, for the 2000 plan year.
Revenue Ruling 99-51
This ruling provides that the duplication of benefits for highly compensated employees may result in the failure of plans to satisfy the nondiscrimination requirements of section 401(a)(4) of the Code.
Social Security Contribution and Benefit Base for 2003
Under authority contained in the Social Security Act, the Commissioner, Social Security Administration, has determined and announced that the contribution and benefit base for remuneration paid in 2003, and self-employment income earned in taxable years beginning in 2003 is $87,000.
Technical Advice Memorandum 9635002
Whether contributions made by Company A to Plan X, of an employee's vacation pay benefit, are includable in that employee's gross wages for purposes of the Federal Insurance Contributions Act (FICA).
Technical Advice Memorandum 9735001
Whether section 411(d)(6) is violated by a retroactive amendment of an allocation formula under a discretionary profit-sharing plan adopted after the end of the plan year, but before the due date for the employer's return for the corresponding taxable year, resulting in lower allocations for some participants than the allocations they would have received under the allocation formula in the plan during the plan year.
UIL 125.05-00 Coordinated Issue Paper - Cafeteria Plan/Qualified Retirement Plan Hybrid Arrangement
Whether a participant-retiree in a qualified plan under section 401(a) of the Internal Revenue Code who uses distributions from the plan to pay for benefits in the former employer's section 125 cafeteria plan, must include the distributions in income pursuant to section 402(a).
 
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