The IRS Issues New FAQs for QIs

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Qualified Intermediaries News June 8, 2024

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Issue Number:    2024-16

The IRS Issues New FAQs for QIs

The IRS issues FAQ 24 and FAQ 25 on the QI/WP/WT FAQs page under the section, Certifications and Periodic Reviews. FAQ 24 provides guidance to QIs submitting non-waiver certifications with a periodic review year of 2021 or 2022, and a certification period ending during the term of the 2023 QI agreement. FAQ 25 provides tips to QIs on reviewing their certification before submission.

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