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3.12.22  Employee Plan Excise Tax Returns (Cont. 2)

3.12.22.3 
Form 5330 Sections

3.12.22.3.7 
Section 03 Form 5330 - Part I Sections A, B, C, D, E and F and Part II

3.12.22.3.7.3 
Field 033A Section 4975A Tax

3.12.22.3.7.3.2  (01-01-2017)
Field 033A Correction Procedures

  1. Correct coding and transcription errors.

  2. Taxes for Field 033A and Fields 038A, 038B, 039A, 039B, 0310A, 0310B, 0310C, 0311, 0313, 0314, 0315 or 0316 cannot be reported on the same Form 5330.

    1. SSPND 351 and prepare a Form 4227.

    2. Rejects changes the numbered Form 5330 to reflect the tax for only Section 4975(a) and prepare a new Form 5330 for the remaining tax.

    3. See IRM 3.12.22.2.7.1, Form 5330 Splitting Taxes, for complete instructions on splitting taxes.

3.12.22.3.7.4  (01-01-2017)
Field 033B Section 4975B Tax

  1. Field 033B, Section 4975(b) Tax, is located on Part 1, Section A, Line 3b.

  2. When present, must be numeric and may be negative.

3.12.22.3.7.4.1  (01-01-2017)
Field 033B Invalid Conditions

  1. Field 033B contains an entry and Fields 038A, 038B, 039A, 039B, 0310A, 0310B, 0310C, 0311, 0313, 0314, 0315 or 0316 contain an entry greater than zero.

3.12.22.3.7.4.2  (01-01-2017)
Field 033B Correction Procedures

  1. Correct coding and transcription errors.

  2. Taxes for Field 033B, and Fields 038A, 038B, 039A, 039B, 0310A, 0310B, 0310C, 0311, 0313, 0314, 0315 or 0316 cannot be reported on the same Form 5330.

    1. SSPND 351 and prepare a Form 4227.

    2. Rejects changes the numbered Form 5330 to reflect the tax for only Section 4975(b) and prepare a new Form 5330 for the remaining tax.

    3. See IRM 3.12.22.2.7.1, Form 5330 Splitting Taxes, for complete instructions on splitting taxes.

3.12.22.3.7.5  (01-01-2017)
Field 03L4 Section 4976 Tax

  1. Field 03L4 , Section 4976 Tax, is located on Part 1, Section A Line 4.

  2. When present, must be numeric and may be negative.

3.12.22.3.7.5.1  (01-01-2017)
Field 03L4 Invalid Conditions

  1. Field 03L4 is present and Fields 038A, 038B, 039A, 039B, 0310A, 0310B, 0310C, 0311, 0313, 0314, 0315 or 0316 contain an entry greater than zero.

3.12.22.3.7.5.2  (01-01-2017)
Field 03L4 Correction Procedures

  1. Correct coding and transcription errors.

  2. Taxes for Field 03L4 and Fields 038A, 038B, 039A, 039B, 0310A, 0310B, 0310C, 0311, 0313, 0314, 0315 or 0316 cannot be reported on the same Form 5330.

    1. SSPND 351 and prepare a Form 4227.

    2. Rejects changes the numbered Form 5330 to reflect the tax for only Section 4976 and prepare a new Form 5330 for the remaining tax.

    3. See IRM 3.12.22.2.7.1, Form 5330 Splitting Taxes, for complete instructions on splitting taxes.

3.12.22.3.7.6  (01-01-2017)
Field 035A 4978 Tax

  1. Field 035A, Section 4978 Tax, is located on Part 1, Section A, Line 5a.

  2. When present, must be numeric and may be negative.

3.12.22.3.7.6.1  (01-01-2017)
Field 035A Invalid Conditions

  1. Field 035A is present and Fields 038A, 038B, 039A, 039B, 0310A, 0310B, 0310C, 0311, 0313, 0314, 0315 or 0316 contain an entry greater than zero.

3.12.22.3.7.6.2  (01-01-2017)
Field 035A Correction Procedures

  1. Correct coding and transcription errors.

  2. Taxes for Field 035A and Fields 038A, 038B, 039A, 039B, 0310A, 0310B, 0310C, 0311, 0313, 0314, 0315 or 0316 cannot be reported on the same Form 5330.

    1. SSPND 351 and prepare a Form 4227.

    2. Rejects changes the numbered Form 5330 to reflect the tax for only Section 4978 and prepare a new Form 5330 for the remaining tax.

    3. See IRM 3.12.22.2.7.1, Form 5330 Splitting Taxes, for complete instructions on splitting taxes.

3.12.22.3.7.7  (01-01-2017)
Field 035B 4978 Tax Indicator

  1. Field 035B, 4978 Tax Indicator, is located on Part I, Section A, line 5b.

3.12.22.3.7.7.1  (01-01-2017)
Field 035B Invalid Conditions

  1. Field 035B errors if entries are other than:

    1. 1 - Section 664(g) box checked.

    2. 2 - Section 1042 box checked.

    3. 3 - more than one box checked.

  2. Field 035B is blank and tax on 4978 (035A) contains an entry greater than zero.

3.12.22.3.7.7.2  (01-01-2017)
Field 035B Correction Procedures

  1. Correct coding and transcription errors for Fields 035B and 035A.

  2. If no box is checked, enter a "3" in Field 035B.

    Note:

    If amount in Field 035A is less than ≡ ≡ ≡ ≡ enter a "3" in Field 035B.

3.12.22.3.7.8  (01-01-2017)
Field 03L6 Section 4979A Tax

  1. Field 03L6, Section 4979A Tax, is located in Part 1, Section A, Line 6.

  2. When present, must be numeric and may be negative.

3.12.22.3.7.8.1  (01-01-2017)
Field 03L6 Invalid Conditions

  1. Field 03L6 contains an entry and Fields 038A, 038B, 039A, 039B, 0310A, 0310B, 0310C, 0311, 0313, 0314, 0315 or 0316 contain an entry greater than zero.

3.12.22.3.7.8.2  (01-01-2017)
Field 03L6 Correction Procedures

  1. Correct coding and transcription errors.

  2. Taxes for Field 03L6 and Fields 038A, 038B, 039A, 039B, 0310A, 0310B, 0310C, 0311, 0313, 0314, 0315 or 0316 cannot be reported on the same Form 5330.

    1. SSPND 351 and prepare a Form 4227.

    2. Rejects changes the numbered Form 5330 to reflect the tax for only Section 4979A and prepares a new Form 5330 for the remaining tax.

    3. See IRM 3.12.22.2.7.1, Form 5330 Splitting Taxes, for instructions on splitting taxes.

3.12.22.3.7.9  (01-01-2017)
Field 03L7 Section A Total Tax

  1. Field 03L7, Section A Total Tax, is located in Part I, Section A, Line 7.

  2. When present, must be numeric and may be negative.

3.12.22.3.7.9.1  (01-01-2017)
Field 03L7 Invalid Conditions

  1. Field 03L7 contains an entry and Fields 038A, 038B, 039A, 039B, 0310A, 0310B, 0310C, 0311, 0313, 0314, 0315 or 0316 contain an entry.

3.12.22.3.7.9.2  (01-01-2017)
Field 03L7 Correction Procedures

  1. Correct coding and transcription errors.

  2. If Field 03L7 is blank, but amounts appear in Section A Part I, add amounts and enter total in Field 03L7.

3.12.22.3.7.10  (01-01-2017)
Field 038A Section 4971A Tax

  1. Field 038A, Section 4971(a) Tax, is located on Part 1, Section B, Line 8a and will under print with the calculated amount from Field 06D2 (Section 4971(a) Tax Amount) if the transcribed and generated amounts differ.

  2. When present, must be numeric and may be negative.

3.12.22.3.7.10.1  (01-01-2017)
Field 038A Invalid Conditions

  1. Field 038A has an entry and Fields 03L1, 03L2, 033A, 033B, 03L4, 035A, 03L6, 0311, 0313, 0314, 0315 or 0316 contain an entry greater than zero.

3.12.22.3.7.10.2  (01-01-2017)
Field 038A Correction Procedures

  1. Correct coding and transcription errors.

  2. Taxes for Field 038A and Fields 03L1, 03L2, 033A, 033B, 03L4, 035A, 03L6, 0311, 0313, 0314, 0315 or 0316 cannot be reported on the same Form 5330.

    1. SSPND 351 and prepare a Form 4227.

    2. Rejects changes the numbered Form 5330 to reflect the tax for only Section 4971(a) and prepares a new Form 5330 for the remaining tax.

    3. See IRM 3.12.22.2.7.1, Form 5330 Splitting Taxes, for instructions on splitting taxes.

3.12.22.3.7.11  (01-01-2017)
Field 038B Section 4971B Tax

  1. Field 038B, Section 4971(b) Tax, is located in Part 1, Section B, Line 8b.

  2. When present, must be numeric and may be negative.

3.12.22.3.7.11.1  (01-01-2017)
Field 038B Invalid Conditions

  1. Field 038B has an entry and Fields 03L1, 03L2, 033A, 033B, 03L4, 035A, 03L6, 0311, 0313, 0314, 0315 or 0316 contain an entry greater than zero.

3.12.22.3.7.11.2  (01-01-2017)
Field 038B Correction Procedures

  1. Correct coding and transcription errors.

  2. Taxes for Field 038B and Fields 03L1, 03L2, 033A, 033B, 03L4, 035A, 03L6, 0311, 0313, 0314, 0315 or 0316 cannot be reported on the same Form 5330.

    1. SSPND 351 and prepare a Form 4227.

    2. Rejects changes the numbered Form 5330 to reflect the tax for only Section 4971(b) and prepares a new Form 5330 for the remaining tax.

    3. See IRM 3.12.22.2.7.1, Form 5330 Splitting Taxes, for instructions on splitting taxes.

3.12.22.3.7.12  (01-01-2017)
Field 039A Section 4971(f)(1) Tax

  1. Field 039A, Section 4971(f)(1) Tax, is located on Part 1, Section B, Line 9a and prints with the calculated amount from Field 07TOT (Section 4971(f)(1) Tax Amount) if the transcribed and generated amounts differ.

  2. When present, must be numeric and may be negative.

3.12.22.3.7.12.1  (01-01-2017)
Field 039A Invalid Conditions

  1. Field 039A has an entry and Fields 03L1, 03L2, 033A, 033B, 03L4, 035A, 035B, 03L6, 0311, 0313, 0314, 0315 or 0316 contain an entry greater than zero.

3.12.22.3.7.12.2  (01-01-2017)
Field 039A Correction Procedures

  1. Correct coding and transcription errors.

  2. Taxes for Field 039A and Fields 03L1, 03L2, 033A, 033B, 03L4, 035A, 035B, 03L6, 0311, 0313, 0314, 0315 or 0316 cannot be reported on the same Form 5330.

    1. SSPND 351 and prepare a Form 4227.

    2. Rejects changes the numbered Form 5330 to reflect the tax for only Section 4971(f)(1) and prepares a new Form 5330 for the remaining tax.

    3. See IRM 3.12.22.2.7.1, Form 5330 Splitting Taxes, for instructions on splitting taxes.

3.12.22.3.7.13  (01-01-2017)
Field 039B Section 4971(f)(2) Tax

  1. Field 039B, Section 4971(f)(2) Tax, is located on Part 1, Section B, Line 9b.

  2. When present, must be numeric and may be negative.

3.12.22.3.7.13.1  (01-01-2017)
Field 039B Invalid Conditions

  1. Field 039B has an entry and Fields 03L1, 03L2, 033A, 033B, 03L4, 035A, 035B, 03L6, 0311, 0313, 0314, 0315 or 0316 contain an entry greater than zero.

3.12.22.3.7.13.2  (01-01-2017)
Field 039B Correction Procedures

  1. Correct coding and transcription errors.

  2. Taxes for Field 039B and Fields 03L1, 03L2, 033A, 033B, 03L4, 035A, 035B, 03L6, 0311, 0313, 0314, 0315 or 0316 cannot be reported on the same Form 5330.

    1. SSPND 351 and prepare a Form 4227.

    2. Rejects changes the numbered Form 5330 to reflect the tax for only Section 4971(f)(2) and prepares a new Form 5330 for the remaining tax.

    3. See IRM 3.12.22.2.7.1, Form 5330 Splitting Taxes, for instructions on splitting taxes.

3.12.22.3.7.14  (01-01-2017)
Field 0310A Section 4971(g)(2) Tax

  1. Field 0310A, Section 4971(g)(2) Tax, is located on Part 1, Section B, Line 10a.

  2. When present, must be numeric and may be negative.

3.12.22.3.7.14.1  (01-01-2017)
Field 0310A Invalid Conditions

  1. Field 0310A has an entry and Fields 03L1, 03L2, 033A, 033B, 03L4, 035A, 035B, 03L6, 0311, 0313, 0314, 0315 or 0316 contain an entry greater than zero.

3.12.22.3.7.14.2  (01-01-2017)
Field 0310A Correction Procedures

  1. Correct coding and transcription errors.

  2. Taxes for Field 0310A and Fields 03L1, 03L2, 033A, 033B, 03L4, 035A, 035B, 03L6, 0311, 0313, 0314, 0315 or 0316 cannot be reported on the same Form 5330.

    1. SSPND 351 and prepare a Form 4227.

    2. Rejects changes the numbered Form 5330 to reflect the tax for only Section 4971(g)(2) and prepares a new Form 5330 for the remaining tax.

    3. See IRM 3.12.22.2.7.1, Form 5330 Splitting Taxes, for instructions on splitting taxes.

3.12.22.3.7.15  (01-01-2017)
Field 0310B Section 4971(g)(3) Tax

  1. Field 0310B, Section 4971(g)(3) Tax, is located on Part 1, Section B, Line 10b.

  2. When present, must be numeric and may be negative.

3.12.22.3.7.15.1  (01-01-2017)
Field 0310B Invalid Conditions

  1. Field 0310B has an entry and Fields 03L1, 03L2, 033A, 033B, 03L4, 035A, 035B, 03L6, 0311, 0313, 0314, 0315 or 0316 contain an entry greater than zero.

3.12.22.3.7.15.2  (01-01-2017)
Field 0310B Correction Procedures

  1. Correct coding and transcription errors.

  2. Taxes for Field 0310B and Fields 03L1, 03L2, 033A, 033B, 03L4, 035A, 035B, 03L6, 0311, 0313, 0314, 0315 or 0316 cannot be reported on the same Form 5330.

    1. SSPND 351 and prepare a Form 4227.

    2. Rejects changes the numbered Form 5330 to reflect the tax for only Section 4971(g)(3) and prepares a new Form 5330 for the remaining tax.

    3. See IRM 3.12.22.2.7.1, Form 5330 Splitting Taxes, for instructions on splitting taxes.

  3. If the taxpayer made an error in transferring the total tax from Field 081C to 0310B, enter TPNC 26.

3.12.22.3.7.16  (01-01-2017)
Field 0310C Section 4971(g)(4) Tax

  1. Field 0310C, Section 4971(g)(4) Tax, is located on Part 1, Section B, Line 10c.

  2. When present, must be numeric and may be negative.

3.12.22.3.7.16.1  (01-01-2017)
Field 0310C Invalid Conditions

  1. Field 0310C has an entry and Fields 03L1, 03L2, 033A, 033B, 03L4, 035A, 035B, 03L6, 0311, 0313, 0314, 0315 or 0316 contain an entry greater than zero.

3.12.22.3.7.16.2  (01-01-2017)
Field 0310C Correction Procedures

  1. Correct coding and transcription errors.

  2. Taxes for Field 0310C and Fields 03L1, 03L2, 033A, 033B, 03L4, 035A, 035B, 03L6, 0311, 0313, 0314, 0315 or 0316 cannot be reported on the same Form 5330.

    1. SSPND 351 and prepare a Form 4227.

    2. Rejects changes the numbered Form 5330 to reflect the tax for only Section 4971(g)(4) and prepares a new Form 5330 for the remaining tax.

    3. See IRM 3.12.22.2.7.1, Form 5330 Splitting Taxes, for instructions on splitting taxes.

  3. If the taxpayer made an error in transferring the total tax from Field 082D to 0310C, enter TPNC 27.

3.12.22.3.7.17  (01-01-2017)
Field 0311 Section 4977 Tax

  1. Field 0311, Section 4977 Tax, is located on Part 1, Section B, Line 11 and under prints with the calculated amount from Field 09L4 (Section 4977 Tax Amount) if the transcribed and generated amounts differ.

  2. When present, must be numeric and may be negative.

3.12.22.3.7.17.1  (01-01-2017)
Field 0311 Invalid Conditions

  1. Field 0311 has an entry and Fields 03L1, 03L2, 033A, 033B, 03L4, 035A, 035B, 03L6, 038A, 038B, 039A, 039B, 0310A, 0310B, 0310C,, 0313, 0314, 0315 or 0316 contain an entry greater than zero.

3.12.22.3.7.17.2  (01-01-2017)
Field 0311 Correction Procedures

  1. Correct coding and transcription errors.

  2. Taxes for Field 0311 and Fields 03L1, 03L2, 033A, 033B, 03L4, 035A, 035B, 03L6, 038A, 038B, 039A, 039B, 0310A, 0310B, 0310C, 0313, 0314, 0315 or 0316 cannot be reported on the same Form 5330.

    1. SSPND 351 and prepare a Form 4227.

    2. Rejects changes the numbered Form 5330 to reflect the tax for only Section 4977 and prepares a new Form 5330 for the remaining tax.

    3. See IRM 3.12.22.2.7.1, Form 5330 Splitting Taxes, for instructions on splitting taxes.

3.12.22.3.7.18  (01-01-2017)
Field 0312 Section B Total Tax

  1. Field 0312, Section B Total Tax, is located in Part I, Section B, Line 12.

  2. When present, must be numeric and may be negative.

3.12.22.3.7.18.1  (01-01-2017)
Field 0312 Invalid Conditions

  1. Field 0312 contains an entry and Fields 03L1, 03L2, 033A, 033B, 03L4, 035A, 03L6, 038A, 038B, 039A, 039B, 0310A, 0310B, 0310C, 0313, 0314, 0315 or 0316 contain an entry.

3.12.22.3.7.18.2  (01-01-2017)
Field 0312 Correction Procedures

  1. Correct coding and transcription errors.

  2. If Field 0312 is blank, but amounts appear in Section B Part I, add amounts and enter total in Field 0312.

3.12.22.3.7.19  (01-01-2017)
Field 0313 Section 4979 Tax

  1. Field 0313, Section 4979 Tax, is located on Part 1, Section C, Line 13 and under prints with the calculated amount from Field 10L2 (Section 4979 Tax) if the transcribed and generated amounts differ.

  2. When present, must be numeric and may be negative.

3.12.22.3.7.19.1  (01-01-2017)
Field 0313 Invalid Conditions

  1. Field 0313 has an entry and Fields 03L1, 03L2, 033A, 033B, 03L4, 035A, 035B, 03L6, 038A, 038B, 039A, 039B, 0310A, 0310B, 0310C, 0311, 0314, 0315, or 0316 contain an entry greater than zero.

3.12.22.3.7.19.2  (01-01-2017)
Field 0313 Correction Procedures

  1. Correct coding and transcription errors.

  2. Taxes for Field 0313 and Fields 03L1, 03L2, 033A, 033B, 03L4, 035A, 035B, 03L6, 038A, 038B, 039A, 039B, 0310A, 0310B, 0310C, 0311, 0314, 0315, or 0316 cannot be reported on the same Form 5330.

    1. SSPND 351 and prepare a Form 4227.

    2. Rejects changes the numbered Form 5330 to reflect the tax for only Section 4979 and prepares a new Form 5330 for the remaining tax.

    3. See IRM 3.12.22.2.7.1, Form 5330 Splitting Taxes, for instructions on splitting taxes.

3.12.22.3.7.20  (01-01-2017)
Field 0314 Section 4980 Tax

  1. Field 0314, Section 4980 Tax, is located on Part 1, Section D, Line 14 and under prints with the calculated amount from Field 11L3 (Section 4980 Tax) if the transcribed and generated amounts differ.

  2. When present, must be numeric and may be negative.

3.12.22.3.7.20.1  (01-01-2017)
Field 0314 Invalid Conditions

  1. Field 0314 has an entry and Fields 03L1, 03L2, 033A, 033B, 03L4, 035A, 03L6, 038A, 038B, 039A, 039B, 0310A, 0310B, 0310C, 0311, 0313, 0315 or 0316 contain an entry greater than zero.

3.12.22.3.7.20.2  (01-01-2017)
Field 0314 Correction Procedures

  1. Correct coding and transcription errors.

  2. Taxes for Field 0314 and Fields 03L1, 03L2, 033A, 033B, 03L4, 035A, 03L6, 038A, 038B, 039A, 039B, 0310A, 0310B, 0310C, 0311, 0313, 0315 or 0316 cannot be reported on the same Form 5330.

    1. SSPND 351 and prepare a Form 4227.

    2. Rejects change the numbered Form 5330 to reflect the tax for only Section 4980 and prepares a new Form 5330 for the remaining tax.

    3. See IRM 3.12.22.2.7.1, Form 5330 Splitting Taxes, for instructions on splitting taxes.

3.12.22.3.7.21  (01-01-2017)
Field 0315 Section 4980F Tax

  1. Field 0315, Section 4980F Tax, is located on Part 1, Section E, Line 15 and under prints with the calculated amount from Field 12L5 (Section 4980F Tax Amount) if the transcribed and generated amounts differ.

  2. When present, must be numeric and may be negative.

3.12.22.3.7.21.1  (01-01-2017)
Field 0315 Invalid Conditions

  1. Field 0315 has an entry and Fields 03L1, 03L2, 033A, 033B, 03L4, 035A, 035B, 03L6, 038A, 038B, 039A, 039B, 0310A, 0310B, 0310C, 0311, 0313, 0314, or 0316 contain an entry greater than zero.

3.12.22.3.7.21.2  (01-01-2017)
Field 0315 Correction Procedures

  1. Correct coding and transcription errors.

  2. Taxes for Fields 0315 and Fields 03L1, 03L2, 033A, 033B, 03L4, 035A, 035B, 03L6, 038A, 038B, 039A, 039B, 0310A, 0310B, 0310C, 0311, 0313, 0314, and 0316 cannot be reported on the same Form 5330.

    1. SSPND 351 and prepare a Form 4227.

    2. Rejects changes the numbered Form 5330 to reflect the tax for only Section 4980F and prepares a new Form 5330 for the remaining tax.

    3. See IRM 3.12.22.2.7.1, Form 5330 Splitting Taxes, for instructions on splitting taxes.


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