5330

Return of Excise Taxes Related to Employee Benefit Plans

Directory entry. Title and current location confirmed on irs.gov on 21 August 2026; the linked page is authoritative for the current revision and instructions. It reports the IRC § 4975(a) initial tax on a prohibited transaction and the IRC § 4975(b) additional tax on failure to correct, among other plan excise taxes. It does not apply to an individual retirement account, where IRC § 408(e)(2) disqualifies the account instead of imposing an excise tax.