SECTION 7. PAPERWORK

REDUCTION ACT

The collections of information contained in this revenue procedure have been reviewed and approved by the Office of Management and Budget in accordance with the Paperwork Reduction Act (44 U.S.C. § 3507) under control number 1545-2269. An agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless the collection of information displays a valid OMB control number.

The collections of information in this revenue procedure are in Section 3.01. The collection of information relates to a certification by taxpayers wanting a waiver of the 60-day requirement for rollovers of distributions from plans or IRAs. The

collections of information are required to obtain a benefit.

The likely recordkeepers are individuals. Estimates of the annualized cost to respondents are not relevant, because each collection of information in this revenue procedure is a one-time collection.

Books or records relating to a collection of information must be retained as long as their contents may become material in the administration of any internal revenue law. Generally, tax returns and tax return information are confidential, as required by § 6103.

DRAFTING INFORMATION

The principal author of this revenue procedure is Angelique Carrington of the Office of Associate Chief Counsel (Employee Benefits, Exempt Organizations, and Employment Taxes). For further information regarding this revenue procedure, contact Ms. Carrington at (202) 3174148 (not a toll‑free number).

Bulletin No. 2020–45 997 November 2, 2020

Appendix

Certification for Late Rollover Contribution

Name Address City, State, ZIP Code Date: ______________________

Plan Administrator/Financial Institution Address City, State, ZIP Code

Dear Sir or Madam:

Pursuant to Internal Revenue Service (IRS) Revenue Procedure 2020-46, I certify that my contribution of $ [ ENTER AMOUNT ] missed the 60-day rollover deadline for the reason(s) listed below under Reasons for Late Contribution. I am making this contribution as soon as practicable after the reason or reasons listed below no longer prevent me from making the contribution. I understand that this certification concerns only the 60-day requirement for a rollover and that, to complete the rollover, I must comply with all other tax law requirements for a valid rollover and with your rollover procedures.

Pursuant to Revenue Procedure 2020-46, unless you have actual knowledge to the contrary, you may rely on this certification to show that I have satisfied the conditions for a waiver of the 60-day rollover requirement for the amount identified above. You may not rely on this certification in determining whether the contribution satisfies other requirements for a valid rollover.

Reasons for Late Contribution

I missed the 60-day rollover deadline for the following reason(s) (check all that apply):

_____ An error was committed by the financial institution making the distribution or receiving the contribution. _____ The distribution was in the form of a check and the check was misplaced and never cashed. _____ The distribution was deposited into and remained in an account that I mistakenly thought was a retirement plan or IRA. _____ My principal residence was severely damaged. _____ One of my family members died. _____ I or one of my family members was seriously ill. _____ I was incarcerated. _____ Restrictions were imposed by a foreign country. _____ A postal error occurred. _____ The distribution was made on account of an IRS levy and the proceeds of the levy have been returned to me. _____ The party making the distribution delayed providing information that the receiving plan or IRA required to complete the roll over despite my reasonable efforts to obtain the information. _____ The distribution was made to a state unclaimed property fund.

Signature

I declare that the representations made in this certification are true and that the IRS has not previously denied a request for a waiver of the 60-day rollover requirement with respect to a rollover of all or part of the distribution to which this contribution relates. I understand that in the event I am audited and the IRS does not grant a waiver for this contribution, I may be subject to income and excise taxes, interest, and penalties. If the contribution is made to an IRA, I understand you will report the contribution to the IRS. I also understand that I should retain a copy of this signed certification with my tax records.

Signature : ________________________________

November 2, 2020 998 Bulletin No. 2020–45