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CP-465 Ultrasound Tissue Classification Date: 9/21/2004 Status: Letter Ballot DI COM Correction Item Correction Number CP-465 Log Summary: Ultrasound Tissue Classification Type of Modification Correct

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What is form 8950 application for?

Form 8950 is an application for voluntary correction program (VCP) under the Employee Plans Compliance Resolution System (EPCRS).

Who is required to file form 8950 application for?

Employers and plan sponsors who want to correct retirement plan errors and seek approval from the IRS must file form 8950.

How to fill out form 8950 application for?

Form 8950 requires providing information about the retirement plan, plan sponsor, and the specific error(s) being corrected. It must be filled out accurately and submitted to the IRS.

What is the purpose of form 8950 application for?

The purpose of form 8950 is to help employers and plan sponsors correct errors in their retirement plans and receive approval from the IRS to maintain favorable tax treatment.

What information must be reported on form 8950 application for?

Form 8950 requires reporting information such as the plan sponsor's name and address, employer identification number (EIN), plan name and number, description of the error(s), and correction method used.

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