2003 Tax Help Archives  
Instructions for Form 5303 2003 Tax Year

Instructions for Form 5303 - Introductory Material

This is archived information that pertains only to the 2003 Tax Year. If you
are looking for information for the current tax year, go to the Tax Prep Help Area.


Paperwork Reduction Act Notice.

We ask for the information on this form to carry out the Internal Revenue laws of the United States. If you want to have your plan approved by the IRS, you are required to give us the information. We need it to determine whether you meet the legal requirements for plan approval.

You are not required to provide the information requested on a form that is subject to the Paperwork Reduction Act unless the form displays a valid OMB control number. Books or records relating to a form or its instructions must be retained as long as their contents may become material in the administration of any Internal Revenue law. Generally, tax returns and return information are confidential, as required by section 6103.

The time needed to complete and file this form will vary depending on individual circumstances. The estimated average time is:

Recordkeeping 22 hr., 14 min.
Learning about the law or the form 3 hr., 51 min.
Preparing the form 8 hr.
Copying, assembling, and sending the form to the IRS 1 hr., 4 min.

If you have comments concerning the accuracy of these time estimates or suggestions for making this form simpler, we would be happy to hear from you. You can write to the Tax Forms Committee, Western Area Distribution Center, Rancho Cordova, CA 95743-0001. DO NOT send the form to this office. Instead, see Where To File on page 3.

Public Inspection.   Form 5303 is open to public inspection if there are more than 25 plan participants. The total number of participants must be shown on line 4e. See the instructions for line 4e for a definition of participant.

Disclosure Request by Taxpayer.   The Tax Reform Act of 1976 permits a taxpayer to request the IRS to disclose and discuss the taxpayer's return and/or return information with any person(s) the taxpayer designates in a written request. You may use Form 2848, Power of Attorney and Declaration of Representative, for this purpose.

Signature.   The application must be signed by the employer, plan administrator, or an authorized representative.

How To Get Forms and Publications

By personal computer.   Visit the IRS's Internet Web Site at www.irs.ustreas.gov to get:
  • Forms and instructions
  • Publications
  • IRS press releases and fact sheets

  You can also reach us using:
  • Telnet at iris.irs.ustreas.gov
  • File Transfer Protocol at ftp.irs.ustreas.gov
  • Direct Dial (by modem) — Dial direct to the Internal Revenue Services (IRIS) by calling 703–321–8020 using your modem. IRIS is an on-line information service on FedWorld.

CD—ROM.   A CD—ROM containing over 2,000 tax products (including many prior year forms) can be purchased from the Government Printing Office (GPO). To order the CD—ROM, call the Superintendent of Documents at 202–512–1800, or go through GPO's Internet Web Site (www.access.gpo.gov/su_docs).

By phone and in person.   To order forms and publications, call 1–800–TAX– FORM (1–800–829–3676) between 7:30 a.m. and 5:30 p.m. on weekdays. You can also get most forms and publications at your local IRS office.


Note:

You must file the pink copy of page one, Form 5303, which can not be downloaded.

First | Next

Instructions Index | 2003 Tax Help Archives | Tax Help Archives | Home