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Cat. No. 11870M Rev. 4-2009 Form 5330 Rev. 4-2009 Page Name of Filer 14 Section 4980 tax on reversion of qualified plan assets to an employer from Schedule I line 3. Form Return of Excise Taxes Related to Employee Benefit Plans Rev. April 2009 Department of the Treasury Internal Revenue Service Filer tax year beginning A OMB No. 1545-0575 Under sections 4965 4971 4972 4973 a 3 4975 4976 4977 4978 4979 4979A 4980 and 4980F of the Internal Revenue .

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This form is used to report and pay the excise tax related to employee benefit plans.

You also need to file a Form 5330 with the IRS to pay any excise tax related to the late deposit error. Like the calculation of lost earnings, there's no de minimis amount of excise tax for which you can forgo paying the tax and filing a Form 5330.

If you do not file a return by the due date, including extensions, you may have to pay a penalty of 5% of the unpaid tax for each month or part of a month the return is late, up to a maximum of 25% of the unpaid tax.

§4979, Excess 401(k) Contributions A 10-percent excise tax will be assessed against an employer on the sum of the excess contributions and excess aggregate contributions made to certain plans (IRC § 4979 and Reg. §54.4979-1 ).

What is form 5330? The Form 5330 has one job – to accompany remittances of certain excise taxes that are associated with qualified retirement plans and 403(b) plans.

An employer or an individual required to file an excise tax return related to employee benefit plans can file Form 5330 electronically. All filers are encouraged to file Form 5330 electronically because it is safe, easy to complete, and you have an immediate record that the return was filed.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232