
5307 Instructions For Form 5307 {5307}
This is a Official Federal Forms form that can be used for Department Of Treasury.
Last updated: 4/13/2015
Description
Instructions for Form 5307 (Rev. June 2014) Application for Determination for Adopters of Modified Volume Submitter (VS) Plans Section references are to the Internal Revenue Code unless otherwise noted. Department of the Treasury Internal Revenue Service Public Inspection What's New The form and the instructions have undergone revisions in the format and information required. Review these documents before completing the application. Some of the revisions were made in accordance with Announcement 2011-82, 2011-52 I.R.B. 1052, available at www.irs.gov/irb/ 2011-52_IRB/ar20.html, which eliminated demonstrations regarding coverage and nondiscrimination requirements and limited Form 5307 applications. Note. Rev. Proc. 2014-6, 2014-1 I.R.B. 198, available at http://www.irs.gov/pub/ irs-irbs/irb14-01.pdf, contains the guidance under which the Determination Letter (DL) program is administered. It is updated annually and can be found in the Internal Revenue Bulletin (I.R.B.). The application should be filed in accordance with Rev. Proc. 2007-44, 2007-28 I.R.B. 54, available at www.irs.gov/pub/irs-irbs/irb07-28.pdf (as revised by Ann. 2011-82), and Rev. Proc. 2014-6, as updated, available at http://www.irs.gov/pub/irs-irbs/ irb14-01.pdf. Review these documents before completing the application. Form 5307 is open to public inspection if there are more than 25 plan participants. The total number of participants must be shown on line 4e. See the instructions for line 4e for a definition of participant. of other participants that may be allocated to the participant's account. A DB plan is any plan that is not a DC plan. Termination of Plan General Instructions Purpose of Form An adopter of a Volume Submitter (VS) plan files Form 5307 to request a DL from the IRS for the qualification of a modified defined benefit (DB) or a defined contribution (DC) plan and the exempt status of any related trust. Who May File File Form 5307, Application for Determination for Adopters of Modified Volume Submitter (VS) Plans, if this is a VS plan that has made limited modifications to an approved specimen plan (that does not create an individually designed plan). Note. Adopters of Master and Prototype (M&P) plans may not use Form 5307 and must file Form 5300 if a DL is requested. Adopters of VS plans that do not meet the above conditions must also file on Form 5300. If the plan is terminated, file Form 5310, Application for Determination Upon Terminating Plan. If benefit accruals or contributions have ceased, the plan and trust will not be considered terminated until an official action to terminate has occurred. Note. A DB plan cannot be amended to become a DC plan. If a sponsor of a DB plan attempts to amend the plan to become a DC plan, or if the merger of a DB plan with a DC plan results solely in a DC plan the DB plan is considered terminated. File Form 5307 at the address indicated below: Internal Revenue Service P.O. Box 12192 Covington, KY 41012-0192. Requests shipped by express mail or a delivery service should be sent to: Internal Revenue Service 201 West Rivercenter Blvd. Attn: Extracting Stop 312 Covington, KY 41011 Where To File Future Developments For the latest information related to Form 5307 and its instructions, such as legislation enacted after they were published, go to www.irs.gov/form5307. A taxpayer can authorize the IRS to disclose and discuss the taxpayer's return and/or return information with any person(s) the taxpayer designates in a written request. Use Form 2848, Power of Attorney and Declaration of Representative, if the representative is qualified to sign, or Form 8821, Tax Information Authorization, for this purpose. See Pub. 947, Practice Before the IRS and Power of Attorney, for more information. Disclosure Request by Taxpayer In certain circumstances, an application for a DL for a VS plan must be filed on Form 5300: requests regarding 414(m), requests regarding 414(n), partial termination requests, multiple employer plans, money purchase, target benefit and defined benefit pension plans with a normal retirement age earlier than age 62, or a procedure requested by the IRS. See Form 5300 and instructions. Type of Plan A DC plan is a plan that provides an individual account for each participant and for benefits based only on: 1. The amount contributed to the participant's account, and 2. Any income, expenses, gains and losses, and any forfeitures of accounts Cat. No. 11833J Private Delivery Services. In addition to the United States mail, you can use certain private delivery services designated by the IRS to meet the "timely mailing as timely filing/paying" rule for tax returns and payments. These private delivery services include only the following: DHL Express (DHL): DHL Same Day Service, DHL Next Day 10:30 am, DHL Next Day 12:00 pm, DHL Next Day 3:00 pm, and DHL 2nd Day Service. Federal Express (FedEx): FedEx Priority Overnight, FedEx Standard Overnight, FedEx 2Day, FedEx International Priority, and FedEx International First. United Parcel Service (UPS): UPS Next Day Air, UPS Next Day Air Saver, UPS 2nd Day Air, UPS 2nd Day Air American LegalNet, Inc. www.FormsWorkFlow.com Jun 10, 2014 A.M., UPS Worldwide Express Plus, and UPS Worldwide Express. The private delivery service can tell you how to get written proof of the mailing date. The application must be signed by the employer, plan administrator, or authorized representative. Note. Stamped signatures are not acceptable. Incomplete applications may be returned to the applicant. For this reason, it is important that an appropriate response be entered for each line item (unless instructed otherwise). In completing the application: N/A (not applicable) is accepted as a response only if an N/A block is provided. If a number is requested, a number must be entered. If an item provides a choice of boxes to mark, mark only one box unless instructed otherwise. If an item provides a box to mark, written responses are not acceptable. The IRS may, at its discretion, require a plan restatement or additional information any time it is deemed necessary. The application has formatted fields that will limit the number of characters entered per field. All data input will need to be entered in Courier 10 point font. Alpha characters should be entered in all capital letters. Enter spaces between any words. Spaces do count as characters. All date fields are entered as an eight-digit field (MM/DD/YYYY). All applications must contain an original
Related forms
-
5300 Instructions
Official Federal Forms/Department Of Treasury/ -
5310 Instructions
Official Federal Forms/Department Of Treasury/ -
5310-A Instructions
Official Federal Forms/Department Of Treasury/ -
Form 5305 Traditional Individual Retirement Trust Account
Official Federal Forms/Department Of Treasury/ -
Form 5305-A Tranditional Individual Retirement Custodial Account
Official Federal Forms/Department Of Treasury/ -
Form 5305-E Education Individual Retirement Trust Account
Official Federal Forms/Department Of Treasury/ -
Form 5305-EA Education Individual Retirement Custodial Account
Official Federal Forms/Department Of Treasury/ -
Form 5305-R Roth Individual Retirement Trust Account
Official Federal Forms/Department Of Treasury/ -
Form 5305-RA Roth Individual Retirement Custodial Account
Official Federal Forms/Department Of Treasury/ -
Form 5305-RB Roth Individual Retirement Annuity Endorsement
Official Federal Forms/Department Of Treasury/ -
Form 5305-S Simple Individual Retirement Trust Account
Official Federal Forms/Department Of Treasury/ -
Form 5305-SA SIMPLE Individual Retirement Custodial Account
Official Federal Forms/Department Of Treasury/ -
Form 5305-SEP Simplified Employee Pension-Individual Retirement Accounts Contribution Agreement
Official Federal Forms/Department Of Treasury/ -
5307 Instructions For Form 5307
Official Federal Forms/Department Of Treasury/ -
Instructions For Form 5330
Official Federal Forms/Department Of Treasury/ -
Form 5305-B Health Savings Trust Account
Official Federal Forms/Department Of Treasury/ -
Form 5305-C Health Savings Custodial Account
Official Federal Forms/Department Of Treasury/ -
Form 5305-SIMPLE Savings Incentive Match Plan For Employees Of Small Employers (SIMPLE)
Official Federal Forms/Department Of Treasury/ -
Form 5309 Application For Determination Of Employee Stock Ownership Plan
Official Federal Forms/Department Of Treasury/ -
Form 5330 Return Of Excise Taxes Related To Employee Benefit Plans
Official Federal Forms/Department Of Treasury/ -
Request For Tax Payer Identification Number And Certification
Official Federal Forms/Department Of Treasury/ -
Form 966 Corporate Dissolution Or Liquidation
Official Federal Forms/Department Of Treasury/ -
Form 56-F Notice Concerning Fiduciary Relationship Of Financial Institution
Official Federal Forms/Department Of Treasury/ -
Form 8928 Return Of Certain Excise Taxes Under Chapter 43
Official Federal Forms/Department Of Treasury/ -
Instructions For Form 8038-T
Official Federal Forms/Department Of Treasury/ -
Form 8038 Information Return For Tax-Exempt Private Activity Bond Issues
Official Federal Forms/Department Of Treasury/ -
Form 8038-B Information Return For Build America Bonds
Official Federal Forms/Department Of Treasury/ -
Form 8038-G Information Return For Tax-Exempt Governmental Obligations
Official Federal Forms/Department Of Treasury/ -
Form 8038-GC Information Return For Small Tax-Exempt Governmental Bond Issues
Official Federal Forms/Department Of Treasury/ -
Form 8038-R Request For Recovery Of Overpayments Under Arbitrage Rebate Provisions
Official Federal Forms/Department Of Treasury/ -
Form 8038-T Arbitrage Rebate Yield Reduction And Penalty In Lieu Of Arbitrage Rebate
Official Federal Forms/Department Of Treasury/ -
Form 8038-TC Information Return For Tax Credit Bonds And Specified Tax Credit Bonds
Official Federal Forms/Department Of Treasury/ -
Instructions For Form 1024 Application For Recognition Of Exemption
Official Federal Forms/Department Of Treasury/ -
Form 5304-SIMPLE Savings Incentive Match Plan For Employees Of Small Employers (SIMPLE)
Official Federal Forms/Department Of Treasury/ -
Form 2553 Election By A Small Business Corporation
Official Federal Forms/Department Of Treasury/ -
Form 5558 Application For Extension Of Time To File Certain Employee Plan Returns
Official Federal Forms/Department Of Treasury/ -
Form 8950 Application For Voluntary Correction Program (VCP)
Official Federal Forms/Department Of Treasury/ -
Form 8951 Compliance Fee For Application For Voluntary Correction Program (VCP)
Official Federal Forms/Department Of Treasury/ -
Form 4421 Declaration Executors Commissioners And Attorneys Fees
Official Federal Forms/Department Of Treasury/ -
Form 8609 Low Income Housing Credit Allocation And Certification
Official Federal Forms/Department Of Treasury/ -
Form 706 United States Estate (And Generation-Skipping Transfer) Tax Return
Official Federal Forms/Department Of Treasury/ -
Form 14568- C Appendix C Part II Schedule 3 SEPs And SARSEPs
Official Federal Forms/Department Of Treasury/ -
Form 14568 B Appendix C Part II Schedule 2 Nonamender Failures
Official Federal Forms/Department Of Treasury/ -
Form 14568 E Appendix C Part II Schedule 5 Plan Loan Failures
Official Federal Forms/Department Of Treasury/ -
Form 14568 H Appendix C Part II Schedule 8 Failure To Pay Required Minimum
Official Federal Forms/Department Of Treasury/ -
Form 14568-I Appendix C Part II Schedule 9 Correction By Plan Amendment
Official Federal Forms/Department Of Treasury/ -
2010 Reference List (Changes In Qualification Requirements For Retirement Plans)
Official Federal Forms/Department Of Treasury/ -
2011 Reference List (Changes In Qualification Requirements For Retirement Plans)
Official Federal Forms/Department Of Treasury/ -
2012 Reference List (Changes In Qualification Requirements For Retirement Plans)
Official Federal Forms/Department Of Treasury/ -
2013 Reference List (Changes In Qualification Requirements For Retirement Plans)
Official Federal Forms/Department Of Treasury/ -
2014 Reference List (Changes In Qualification Requirements For Retirement Plans)
Official Federal Forms/Department Of Treasury/ -
Form W-8BEN Certificate Of Foreign Status Of Beneficial Owner-Tax Withholding
Official Federal Forms/Department Of Treasury/ -
Form W-8BEN-E Certificate Of Entities Status Of Beneficial Owner-Tax Withholding
Official Federal Forms/Department Of Treasury/ -
2015 Reference List (Changes In Qualification Requirements For Retirement Plans)
Official Federal Forms/Department Of Treasury/ -
Form 4876-A Election To Be Treated As An Interest Charge DISC
Official Federal Forms/Department Of Treasury/ -
Form 8971 Information Regarding Beneficiaries Acquiring Property From A Decedent
Official Federal Forms/Department Of Treasury/ -
Form 14568-D Appendix C Part II Schedule 4 SIMPLE IRAs
Official Federal Forms/Department Of Treasury/ -
Form 14135 Application For Certificate Of Discharge Of Property From Federal Tax
Official Federal Forms/Department Of Treasury/ -
Form 5305-A-SEP Salary Reduction And Other Elective Simplified Employee Pension
Official Federal Forms/Department Of Treasury/ -
Form 14497 Notice Of Nonjudicial Sale Of Property
Official Federal Forms/Department Of Treasury/ -
Form 14498 Application For Consent To Sale Of Property
Official Federal Forms/Department Of Treasury/ -
Form 1024-A Application For Recognition Of Exemption Under Section 501(c)(4)
Official Federal Forms/Department Of Treasury/ -
Form 843 Claim For Refund And Request For Abatement
Official Federal Forms/Department Of Treasury/ -
Form 8940 Request For Miscellaneous Determination
Official Federal Forms/Department Of Treasury/ -
Instructions For Form 8950 Application For Voluntary Correction Program (VCP) Submission
Official Federal Forms/Department Of Treasury/ -
Form 5310-A Notice Of Plan Merger Or Consolidation Spinoff Or Transfer Of Plan Assets Or Liabilities
Official Federal Forms/Department Of Treasury/ -
Form 5300 Application For Determination For Employee Benefit Plan
Official Federal Forms/Department Of Treasury/ -
Form 5307 Application For Determination For Adopters Of Master Or Prototype Or Volumne Submitter Plans
Official Federal Forms/Department Of Treasury/ -
Form 5310 Application For Determination Upon Termination
Official Federal Forms/Department Of Treasury/ -
Form 8718 User Fee For Exempt Organization Determination Letter Request
Official Federal Forms/Department Of Treasury/ -
Form 8717 User Fee For Employee Plan Determination
Official Federal Forms/Department Of Treasury/ -
Form 5316 Application For Group Or Pooled Trust Ruling
Official Federal Forms/Department Of Treasury/ -
Form 5306 Application For Approval Of Prototype Or Employer Sponsored Individual Retirement Account
Official Federal Forms/Department Of Treasury/ -
Form 5306-A Application For Approval Of Prototypes Simplified Employee Pension (SEP)
Official Federal Forms/Department Of Treasury/ -
Form 14568 Appendix C Part I Model VCP Compliance Statement
Official Federal Forms/Department Of Treasury/ -
Form 56 Notice Concerning Fiduciary Relationship
Official Federal Forms/Department Of Treasury/ -
Form 14568-A Appendix C Part II Schedule 1 Interim And Certain Discretionary Nonamender Failures
Official Federal Forms/Department Of Treasury/ -
Form 1041 US Income Tax Return For Estates And Trusts
Official Federal Forms/Department Of Treasury/ -
Form 1024 Application For Recognition Of Exemption Under Section 501(a)
Official Federal Forms/Department Of Treasury/ -
Form 8038-CP Return For Credit Payments To Issuers Of Qualified Bonds
Official Federal Forms/Department Of Treasury/ -
Form 990 Return Of Organization Exempt For Income Tax
Official Federal Forms/Department Of Treasury/ -
Instructions For Form SS-4 Application For Employer Identification Number
Official Federal Forms/Department Of Treasury/ -
Form SS-4 Application For Employer Identification Number
Official Federal Forms/Department Of Treasury/ -
Form 14429 Tax Exempt Bonds Voluntary Closing Agreement Program Request
Official Federal Forms/Department Of Treasury/ -
Form 14568-F Appendix C Part II Schedule 6 Employer Eligibility Failure
Official Federal Forms/Department Of Treasury/ -
Form 14568-G Appendix C Part II Schedule 7 Failure To Distribute Elective Deferrals
Official Federal Forms/Department Of Treasury/ -
Form 706-NA United States Estate (And Generation-Skipping Transfer) Tax Return
Official Federal Forms/Department Of Treasury/ -
Form 5308 Request For Change In Plan-Trust Year
Official Federal Forms/Department Of Treasury/ -
Form 8868 Application For Extension Of Time To File An Exempt Organization
Official Federal Forms/Department Of Treasury/ -
Form 4768 Application For Extension To File A Return-Estate-Taxes
Official Federal Forms/Department Of Treasury/ -
Form 5471 Information Return Of US Person With Respect To Certain Foreign Corporations
Official Federal Forms/Department Of Treasury/ -
Form 8822-B Change Of Address Or Responsible Party-Business
Official Federal Forms/Department Of Treasury/ -
Instructions For Form 8038
Official Federal Forms/Department Of Treasury/ -
Form 8832 Entity Classification Election
Official Federal Forms/Department Of Treasury/ -
Form 1040 Schedule B Interest And Ordinary Dividends
Official Federal Forms/Department Of Treasury/ -
Form 1041-V Payment Voucher
Official Federal Forms/Department Of Treasury/ -
Form 1040 Schedule E Supplement Income And Loss
Official Federal Forms/Department Of Treasury/ -
Form 1040 Schedule SE Self-Employment Tax
Official Federal Forms/Department Of Treasury/ -
Form 8865 Return Of US Persons With Respect To Certain Foreign Partnerships
Official Federal Forms/Department Of Treasury/ -
Form 4506 Request For Copy Of Tax Return
Official Federal Forms/Department Of Treasury/ -
Form 8833 Treaty-Based Return Position Disclosure Under Section 6114 or 7701(b)
Official Federal Forms/Department Of Treasury/ -
Form 990 Schedule O Supplemental Information To Form 990 Or 990-EZ
Official Federal Forms/Department Of Treasury/ -
Form 990 990-EZ Or 990-PF Schedule B Schedule Of Contributors
Official Federal Forms/Department Of Treasury/ -
Form 8582 Passive Activity Loss Limitations
Official Federal Forms/Department Of Treasury/ -
Form 990 Or 990-EZ Schedule C Political Campaign And Lobbying Activities
Official Federal Forms/Department Of Treasury/ -
Form 8283 Noncash Charitable Contributions
Official Federal Forms/Department Of Treasury/ -
Form 990 Schedule D Supplemental Financial Statements
Official Federal Forms/Department Of Treasury/ -
Form 3520 Annual Return To Report Transactions With Foreign Trusts And Receipt
Official Federal Forms/Department Of Treasury/ -
Form 8606 Nondeductible IRAs
Official Federal Forms/Department Of Treasury/ -
Form 990 Schedule J Compensation Information
Official Federal Forms/Department Of Treasury/ -
Form 3520-A Annual Information Return Of Foreign Trust With A US Owner
Official Federal Forms/Department Of Treasury/ -
Form 709 United States Gift (And Generation-Skipping Transfer) Tax Return
Official Federal Forms/Department Of Treasury/ -
Form 1040 Schedule A Itemized Deductions
Official Federal Forms/Department Of Treasury/ -
Form 8949 Sales And Other Dispositions Of Capital Assets
Official Federal Forms/Department Of Treasury/ -
Form 1040 US Individual Income Tax Return
Official Federal Forms/Department Of Treasury/ -
Form 1040 Schedule D Capital Gains And Losses
Official Federal Forms/Department Of Treasury/ -
Form 6251 Alternative Minimum Tax-Individuals
Official Federal Forms/Department Of Treasury/ -
Form 4562 Depreciation And Amortization
Official Federal Forms/Department Of Treasury/ -
Form 4797 Sales Of Business Property
Official Federal Forms/Department Of Treasury/ -
Form 4868 Application For Automatic Extension Of Time To File
Official Federal Forms/Department Of Treasury/ -
Form W-4 Employees Withholding Allowance Certificate
Official Federal Forms/Department Of Treasury/ -
Form 2848 Power Of Attorney And Declaration Of Representative
Official Federal Forms/Department Of Treasury/ -
Form 8821 Tax Information Authorization
Official Federal Forms/Department Of Treasury/ -
Form 8960 Net Investment Income Tax-Individuals Estates An Trusts
Official Federal Forms/Department Of Treasury/ -
Form 8822 Change Of Address
Official Federal Forms/Department Of Treasury/ -
Form 4506-T Request for Transcript of Tax Return
Official Federal Forms/Department Of Treasury/ -
Form 4422 Application For Certificate Discharging Property Subject To Estate Tax Lien
Official Federal Forms/Department Of Treasury/
Form Preview
Contact Us
Success: Your message was sent.
Thank you!