Note:
Internal Revenue Manual Part 4. Examining Process · 2026-10-03 edition · updated 2026-10-04 · United States
On the face of the L2005 for IRC 4971(b) tax for minimum funding, you will reflect an entry for the 100% tax under 4971(b) in the tax chart for each year and you will utilize selectable paragraph 2.
Tax period ended:
Tax deficiency:
Penalties/Additions to tax:
12/31/2015
$1,000.00
$10,000
$2,475.00
$2,750.00
12/31/2016
$2,000.00
$10,000
$2,700.00
$3,000.00
12/31/2017
$3,000.00
$10,000
$2,925.00
$3,250.00
12/31/2018
$4,000.00
$10,000
$3,150.00
$3.500.00
12/31/2019
$5,000.00
$10,000
$3,375.00
$3,750.00
12/31/2020
$6,000.00
$10,000
$3,600.00
$4,000.00
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