Employee Plans Compliance Resolution System (EPCRS)

OMB 1545-1673

This revenue procedure updates the Comprehensive system of correction programs for sponsors of retirement plans that are intended to satisfy the requirements of §§ 401(a), 403(a), 403(b), 408(k), or 408(p) of the Internal Revenue Code, but that have not met these requirements for a period of time. This system (http://www.irs.gov/Retirement-Plans/EPCRS-Overview), the Employee Plans Compliance Resolution System (EPCRS), permits Plan Sponsors to correct these failures and thereby continue to provide their employees with retirement benefits on a tax-favored basis. The components of EPCRS are: ○ Self-Correction Program (SCP)—permits a plan sponsor to correct certain plan failures without contacting the IRS or paying any fee. ○ Voluntary Correction Program (VCP)—permits a plan sponsor to, any time before audit, pay a fee and receive IRS approval for correction of plan failures. ○ Audit Closing Agreement Program (Audit CAP)—permits a plan sponsor to pay a sanction and correct a plan failure while the plan is under audit.

The latest form for Employee Plans Compliance Resolution System (EPCRS) expires 2022-10-31 and can be found here.

Latest Forms, Documents, and Supporting Material

Document Name
Form 8951 Form 8951--Compliance Fee for Employee Plans Voluntary Correction Program Form and Instruction
Form 8950 Form 8950--Application for Voluntary Correction Program (VCP) Form
Form 14568 Revenue Procedure 2021-30 which includes Forms 14568, 14568-A thru I Form
Rev Proc-2021-30 .pdf Supplementary Document
REV PROC 2018-52-EPRCS UPDATE REV PROC 2016-51.pdf Supplementary Document
Rev. Proc. 2016-51.pdf Supplementary Document
SS 1545-1673 2022 final-10312022.docx Supporting Statement A
Revenue Procedure 2021-30
Form 8951--Compliance Fee for Employee Plans Voluntary Correction Program Form and Instruction
Form 8950--Application for Voluntary Correction Program (VCP) Form
Revenue Procedure 2021-30 which includes Forms 14568, 14568-A thru I Form

All Historical Document Collections

202208-1545-005 Approved without change	Extension without change of a currently approved collection	2022-10-31
201906-1545-002 Approved without change	Extension without change of a currently approved collection	2019-08-29
201609-1545-024 Approved without change	No material or nonsubstantive change to a currently approved collection	2016-09-27
201509-1545-004 Approved without change	Reinstatement with change of a previously approved collection	2016-04-27
201503-1545-022 Approved without change	Revision of a currently approved collection	2015-04-01
201309-1545-003 Approved without change	No material or nonsubstantive change to a currently approved collection	2014-07-29
201208-1545-035 Approved without change	Revision of a currently approved collection	2012-11-30
200905-1545-011 Approved without change	Extension without change of a currently approved collection	2009-05-27
200607-1545-053 Approved without change	No material or nonsubstantive change to a currently approved collection	2006-08-10
200604-1545-034 Approved without change	Extension without change of a currently approved collection	2006-04-12
200304-1545-016 Approved without change	Extension without change of a currently approved collection	2003-04-16
200101-1545-035 Approved without change	No material or nonsubstantive change to a currently approved collection	2001-01-19
200004-1545-008 Approved without change	Extension without change of a currently approved collection	2000-04-14
200001-1545-010 Approved without change	New collection (Request for a new OMB Control Number)	2000-01-21

OMB Details

Revenue Procedure 2015-27 which includes Forms 14568, 14568-A thru I

Federal Enterprise Architecture: General Government - Taxation Management

Form 14568	Appendix C Part I Model VCP Submission Compliance Statement	www.irs.gov/pub/irs-pdf/f14568.pdf	Form
Form 14568-I	Appendix C Part II Schedule 9 Correction by Plan Amendment (in accordance with Appendix B)	Fillable Fileable	Form
Form 14568-H	Appendix C Part II Schedule 8 Failure to Pay Required Minimum Distributions Timely under § 401(a)(9)	Fillable Fileable	Form
Form 14568-C	Appendix C Part II Schedule 3 SEPs and SARSEPs	Fillable Fileable	Form
Form 14568-A	Appendix C Part II Schedule 1 Interim and Certain Discretionary Nonamender Failures	Fillable Fileable	Form
Form 14568-G	Appendix C Part II Schedule 7 Failure to Distribute Elective Deferrals in Excess of the § 402(g) Limit	Fillable Fileable	Form
Form 14568-F	Appendix C Part II Schedule 6 Employer Eligibility Failure (§ 401(k) and 403(b) Plans only)	www.irs.gov/pub/irs-pdf/f14568f.pdf	Form
Form 14568-D	Appendix C Part II Schedule 4 Simple IRAs	Fillable Fileable	Form
Form 14568-E	Appendix C Part II Schedule 5 Plan Loan Failures (Qualified Plans and 403(b) Plans)	Fillable Fileable	Form
Form 14568-B	Appendix C Part II Schedule 2 Nonamender Failures (other than those to which Schedule 1 applies) and Failure to Adopt a 403(b) Plan Timely	Fillable Fileable	Form

Review document collections for all forms, instructions, and supporting documents - including paper/printable forms.