[Code of Federal Regulations]
[Title 26, Volume 17]
[Revised as of April 1, 2005]
From the U.S. Government Printing Office via GPO Access
[CITE: 26CFR54.4979-0]

[Page 278-279]
 
                       TITLE 26--INTERNAL REVENUE
 
    CHAPTER I--INTERNAL REVENUE SERVICE, DEPARTMENT OF THE TREASURY 
                               (CONTINUED)
 
PART 54_PENSION EXCISE TAXES--Table of Contents
 
Sec. 54.4979-0  Excise tax on certain excess contributions and excess 
aggregate contributions; table of contents.

    This section contains the captions that appear in Sec. 54.4979.

 Sec. 54.4979-1 Excise tax on certain excess contributions and excess 
                        aggregate contributions.

(a) In general.
    (1) General rule.
    (2) Liability for tax.
    (3) Due date and form for payment of tax.
    (4) Special rule for simplified employee pensions.
(b) Definitions.
    (1) Excess aggregate contributions.
    (2) Excess contributions.
    (3) Plan.
(c) No tax when excess distributed within 2\1/2\ months of close of year 
          or additional employer contributions made.
    (1) General rule.
    (2) Tax treatment of distributions.
    (3) Income.
    (4) Example.
(d) Effective date.
    (1) General rule.
    (2) Section 403(b) annuity contracts.

[[Page 279]]

    (3) Collectively bargained plans and plans of state or local 
governments.
    (4) Plan years beginning before January 1, 1992.

[T.D. 8357, 56 FR 40550, Aug. 15, 1991; 57 FR 10290, Mar. 25, 1992, as 
amended by T.D. 8581, 59 FR 66181, Dec. 23, 1994]