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To make a VCP submission to the IRS: Go to www.pay.gov and establish an account if you do not already have one. Create a PDF file that includes: ... Go to Pay.gov to complete and sign Form 8950.
What is a VCP?
A Voluntary Correction Program (VCP) submission is a way for an employer or plan representative to voluntarily disclose issues with the retirement plan. These usually come in the form of an IRS compliance statement.
What is form 8950 for?
Use Form 8950 to make a submission to the IRS VCP Program to fix problems with a business sponsored tax favored retirement plan and to pay the applicable user fee. Representatives may also use this form to request a pre-submission conference before making an actual VCP submission.
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About Form 8950, Application for Voluntary Correction ...
Information about Form 8950, Application for Voluntary Correction Program (VCP), including recent updates, related forms and instructions on how to file.
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