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Announcement 2020-14: Increased user fees for employee plan rulings and determinations

Increased user fees for employee plan rulings

The IRS today released an advance version of Announcement 2020-14 reporting that user fees relating to certain requests for letter rulings and determination letters submitted with Employee Plans Rulings and Agreements will increase in four categories, effective January 4, 2021.

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Announcement 2020-14 [PDF 44 KB] states that the increased user fees described in today’s announcement will be reflected in Rev. Proc. 2021-4—the annual revenue procedure that is scheduled for release on January 4, 2021.

According to today’s release, Rev. Proc. 2021-4 will reflect increased user fees for the following types of letter ruling and determination letter requests:

Type of user fee

Current user fee (Rev. Proc. 2020-4)

User fee effective January 4, 2021 (Rev. Proc. 2021-4)

Letter ruling request for five-year automatic extension of the amortization period

$1,000

$6,500

Form 5300, Application for Determination for Employee Benefit Plan

$2,500

$2,700

Form 5307, Application for Determination for Adopters of Modified Volume Submitter Plans

$800

$1,000

Form 5310, Application for Determination for Terminating Plan

$3,000

$3,500

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