Current through October 31, 2024
Section 54.4979-0 - Excise tax on certain excess contributions and excess aggregate contributions; table of contentsThis section contains the captions that appear in § 54.4979 .
§ 54.4979-1 Excise tax on certain excess contributions and excess aggregate contributions.
(a) In general. (3) Due date and form for payment of tax.(4) Special rule for simplified employee pensions.(b) Definitions.(1) Excess aggregate contributions.(2) Excess contributions.(c) No tax when excess distributed within 21/2 months of close of year or additional employer contributions made.(2) Tax treatment of distributions.(d) Effective date. (2) Section 403(b) annuity contracts.(3) Collectively bargained plans and plans of state or local governments.(4) Plan years beginning before January 1, 1992.T.D. 8357, 56 FR 40550, Aug. 15, 1991; 57 FR 10290, Mar. 25, 1992, as amended by T.D. 8581, 59 FR 66181, Dec. 23, 1994