IRS Releases Electronic Filing Specification for Form 8955-SSA


August 20, 2012 – The IRS has issued Internal Revenue Bulletin (IRB) 2012-34, which contains Revenue Procedure (Rev. Proc.) 2012-24 containing specifications for electronic filing of Form 8955-SSA, Annual Registration Statement Identifying Separated Participants with Deferred Vested Benefits.  Plans must file Form 8955-SSA to report the amount and form of vested benefits that former employees retain in an employer’s plan.

Rev. Proc. 2012-34 provides specifications for filing Form 8955-SSA through the IRS’s Filing Information Returns Electronically (FIRE) System, for current and prior year forms filed beginning January 1, 2013, and received by the IRS FIRE System by December 31, 2013.  The “What’s New for Tax Year 2012” section notes, among other things, that IRS Form 4419, Application for Filing Information Returns Electronically (FIRE), must be submitted at least 45 days before the due date of an information return (including Form 8955-SSA) to allow the IRS processing time.

IRB 2012-34 and Rev. Proc. 2012-34 may be accessed as follows.


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