Carol V. Calhoun Posted January 4, 2000 Report Share Posted January 4, 2000 I just got a call this morning from an individual from the IRS. He was obviously speaking only in his individual capacity and not as a representative of the IRS as a whole. (Insert all standard disclaimers here. ) However, he was able to tell me that the language in Announcement 2000-1 stating that no W-2 reporting is required for a plan which meets either the requirements of, or the exceptions to (e.g., the exception for bona fide severance plans), I.R.C. § 457(b) was not intended to create any negative inference concerning plans which fail the 457(b) tests and therefore are described in 457(f). Thus, it appears that TAM 199903032 remains the position of the IRS with respect to plans described in 457(f). Employee benefits legal resource site The opinions of my postings are my own and do not necessarily represent my law firm's position, strategies, or opinions. The contents of my postings are offered for informational purposes only and should not be construed as legal advice. A visit to this board or an exchange of information through this board does not create an attorney-client relationship. You should consult directly with an attorney for individual advice regarding your particular situation. I am not your lawyer under any circumstances. Link to comment Share on other sites More sharing options...
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