IRS Corrects Rules On User Fees For Employee Plans, Exempt Organizations.

Revenue Procedure 2011-8 as pub-lished on January 3, 2011 (2011-1 I.R.B. 237) contains an error in the user fee schedule that applies to a nonmass submitter of a master or prototype (M&P) plan. Revenue Procedure 2011-8 provides guidance for complying with the user fee program of the Internal Revenue Service on matters under the jurisdiction of the Commissioner, Tax Exempt and Government Entities Division. This announcement corrects sections 2.03, 6.03(1) and 6.03(2) of Rev. Proc. 2011-8.

The word s "or nonmass submitter" are added to section 6.03(1). This correction clarifies that the $12,000 user fee for the basic plan document with one adoption agreement applies to both a mass submitter and a nonmass submitter. The word "additional " is added to section 6.03(2) to clarify that th e $9,500 fee for an M&P sponsor's nonmass submission applies to each additional adoption agreement.

Section 6.03(1) and (2) of Rev. Proc 2011-8 now reads as follows:

      (1) Mass submitter or nonmass submitter M & P plan,