Notice 97-45, Highly Compensated Employee Definition

ICR 201606-1545-008

OMB: 1545-1550

Federal Form Document

Forms and Documents
Document
Name
Status
Supporting Statement A
2016-06-15
Supplementary Document
2013-04-25
IC Document Collections
IC ID
Document
Title
Status
18693
Modified
ICR Details
1545-1550 201606-1545-008
Historical Active 201304-1545-005
TREAS/IRS
Notice 97-45, Highly Compensated Employee Definition
Extension without change of a currently approved collection   No
Regular
Approved without change 08/19/2016
Retrieve Notice of Action (NOA) 06/30/2016
  Inventory as of this Action Requested Previously Approved
08/31/2019 36 Months From Approved 08/31/2016
218,683 0 218,683
65,605 0 65,605
0 0 0

This notice provides guidance on the definition of a highly compensated employee within the meaning of section 414(q) of the Internal Revenue Code as simplified by section 1431 of the Small Business Job Protection Act of 1996, including an employer's option to make a top-paid group election under section 414(q)(1)(B)(ii).

US Code: 26 USC 401(a) Name of Law: Qualified Pension, Profit-sharing, and Stock Bonus Plans, Requirements for Qualification
   US Code: 26 USC 414(q) Name of Law: Highly Compensated Employee
   PL: Pub.L. 104 - 188 1431 Name of Law: Small Business Job Protection Act
  
None

Not associated with rulemaking

  81 FR 19716 04/05/2016
81 FR 42794 06/30/2016
No

1
IC Title Form No. Form Name
Notice 97-45, Highly Compensated Employee Definition

  Total Approved Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 218,683 218,683 0 0 0 0
Annual Time Burden (Hours) 65,605 65,605 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No

$0
No
No
No
No
No
Uncollected
Ingrid Grinde 2022839534

  No

On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
 
 
 
 
 
 
 
    (i) Why the information is being collected;
    (ii) Use of information;
    (iii) Burden estimate;
    (iv) Nature of response (voluntary, required for a benefit, or mandatory);
    (v) Nature and extent of confidentiality; and
    (vi) Need to display currently valid OMB control number;
 
 
 
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
06/30/2016


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