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Get the free Instructions for Form 5330 (Rev. December 2013). Instructions for Form 5330, Return ...

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Instructions for Form 5330 Department of the Treasury Internal Revenue Service (Rev. December 2013) Return of Excise Taxes Related to Employee Benefit Plans Section references are to the Internal
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Who needs instructions for form 5330?

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Taxpayers who are liable for certain taxes or penalties imposed by the Internal Revenue Service (IRS) may need instructions for form 5330.
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Businesses, organizations, and individuals who engage in activities such as retirement plans, employee benefits, or certain excise taxes may be required to fill out form 5330.
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Entities that have made prohibited transactions, failed to meet certain requirements, or have incurred penalties may also need to use this form with specific instructions.
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Form 5330 is used to report and pay taxes related to certain prohibited transactions, failures to meet minimum funding standards for defined benefit pension plans, and certain other specified events.
Employers or plan administrators who are involved in prohibited transactions or fail to meet minimum funding standards for defined benefit pension plans are required to file instructions for form 5330.
Instructions for form 5330 should be filled out following the guidelines provided by the IRS, including providing detailed information about the prohibited transaction or failure to meet minimum funding standards.
The purpose of instructions for form 5330 is to report and pay taxes on prohibited transactions or failures to meet minimum funding standards for defined benefit pension plans in order to comply with IRS regulations.
Instructions for form 5330 must include details of the prohibited transaction or failure to meet minimum funding standards, as well as the amount of tax owed.
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