The IRS today released an advance version of Rev. Proc. 2018-19 that announces a reduction in the user fee paid in connection with the submission of a determination letter request for a terminating plan submitted to the IRS on Form 5310.
Rev. Proc. 2018-19 [PDF 32 KB] provides that the user fee paid on filing Form 5310, Application for Determination for Terminating Plan, is reduced to $2,300 effective January 2, 2018.
The user fee was originally set at $3,000 by Rev. Proc. 2018-4.
Today’s revenue procedure thus modifies the schedule for user fees as provided in that annual revenue procedure for 2018. The IRS today said that applicants who paid the $3,000 user fee, as listed in Rev. Proc. 2018-4, will receive a refund of $700.
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