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Exempt Organizations Technical Guide›TG 65: Excise Taxes - Excess Benefit Transactions - IRC Section 4958›Table of Contents

H. Abatement of Tax on Excess Benefit Transactions

0224 Publ 5835 (PDF) · 2026-10-03 edition · updated 2026-10-04 · United States

(1) Under certain circumstances, the initial 25% tax may be abated. See Section 4962

and Treas. Reg. 53.4958-1(c)(2)(iii).

(2) If the excess benefit is corrected within the correction period, then the additional

200% tax must be abated. See Section 4961 and Treas. Reg. 53.4958-1(c)(2)(iii).

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▸Contents — 0224 Publ 5835 (PDF)
0224 Publ 5835 (PDF)

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