A quarterly magazine from the National Association of Enrolled Agents
Fall 2024 vol.42 no.3
When Did Congress Intend the New §4973 Statute of Limitations to Take Effect?
Tax Court

When Did Congress Intend the New §4973 Statute of Limitations to Take Effect?

If a taxpayer contributes more than the allowed amount to an individual retirement account (IRA), §4973 imposes a 6 percent excise tax on those excess contributions. Before the SECURE... Thomas Gorczynski, EA, USTCP

Fall 2024, Tax Court, Form 5329, §6501(l)(4)(A), Tax Court, Couturier, IRA, §6501(l)(4)(C), Form 1040, §6501(l)(4), required minimum distribution, §313(b), RMD, Sundstrand Corp. v. Commissioner, SECURE Act 2.0, lak Invs. v. Commissioner, individual retirement account, §4973