Form 8950 instructions-2026

1. Click ‘Get Form’ to open it in the editor.
2. Begin by entering the name of the plan sponsor in section 1a. Ensure that all details are accurate, including the address and employer identification number (EIN).
3. In section 2, provide contact information for a person who can be reached for further inquiries. If applicable, check the box if a Power of Attorney is attached.
4. Proceed to section 3 and select the type of VCP submission you are making. Choose from options like Regular, Anonymous, or Group submission.
5. Fill out sections 4 and 5 with details about the plan, including its name, number, asset value, and participant count. Make sure to follow any specific instructions provided.
6. Complete sections 6 through 12 by answering questions regarding qualification failures and corrections. Attach any necessary explanations as required.
7. Finally, review your entries for accuracy before signing and dating the application at the bottom of the form.

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