- Glossary Article
Form 8928 – Return of Excise Taxes Under Chapter 43 of the Internal Revenue Code
What is Form 8928 - Return of Excise Taxes Under Chapter 43 of the Internal Revenue Code?
Form 8928, “Return of Excise Taxes Under Chapter 43 of the Internal Revenue Code,” is an IRS form used to report and pay excise taxes on specific retirement plan issues. These excise taxes are penalties for failing to meet certain requirements under Chapter 43 of the Internal Revenue Code, which primarily focuses on plan funding, participation, and prohibited transactions.