Form 1066 is required to be filed by entities that elect to be treated as a Real Estate Mortgage Investment Conduit (REMIC) for their first tax year, meeting certain criteria. …
Form 8937: Report of Organizational Actions Affecting Basis of Securities
Organizations that issue specified securities must file Form 8937 with the IRS if an organizational action affects the basis of a security or class of the security. Examples include cash …
Form 8453-EX: Excise Tax Declaration for an IRS e-file Return
Form 8453-EX provides taxpayers with an easy way to authenticate and authorize electronic excise tax returns and requests for refund. It also gives taxpayers the option to authorize an electronic …
Form 8611: Recapture of Low-Income Housing Credit
Use Form 8611 to calculate and report the recapture of the low-income housing credit in certain situations such as when the qualified basis decreases, a building is disposed of, or …
Form 8851: Summary of Archer MSAs
Trustees and custodians of Archer MSAs must file Form 8851 with the IRS to report their individual retirement arrangement. Approved by the IRS, the required form can be filed electronically …
Form 8849: Claim for Refund of Excise Taxes
Navigating Form 8849, a form used for claiming an excise tax refund, can be complicated. This article explains which IRS addresses to submit the form to, how to file an …
Form 943-A: Agricultural Employer’s Record of Federal Tax Liability
Form 943-A is used to report the federal tax liability of semiweekly schedule depositors based on the dates wages were paid. It must be filed along with Form 943, and …
Form 965-C: Transfer Agreement Under Section 965(h)(3)
Form 965-C is used by eligible section 965(h) transferors and transferees to enter into a transfer agreement under section 965(h)(3) of the US Tax Code. This form requires specified information …
Form 8867: Paid Preparer’s Due Diligence Checklist
Form 8867 must be filed with the taxpayer’s return or amended return claiming the EIC, the CTC/ACTC/ODC, the AOTC, and/or HOH filing status. As a paid tax return preparer, you …
Form 720: Quarterly Federal Excise Tax Return
Form 720 is used by individuals liable for federal excise taxes to report quarterly obligations, who also have the option of claiming a credit via Schedule C. Those who receive …
Form 2555: Foreign Earned Income
U.S. citizens or residents living or working abroad must adhere to the same U.S. income tax laws that apply to citizens and residents living in the U.S. Foreign earned income, …
Form 1120-H: U.S. Income Tax Return for Homeowners Associations
A homeowners association can take advantage of certain tax benefits by filing Form 1120-H, which provides a flat tax rate of 30%-32% (depending on the type of association) and excludes …
Form 8869: Qualified Subchapter S Subsidiary Election
Parent S corporations use Form 8869 to elect to treat eligible subsidiaries as a qualified subchapter S subsidiary (QSub), resulting in a deemed liquidation of the subsidiary into the parent. …
Form 706-A: United States Additional Estate Tax Return
Qualified heirs must file Form 706-A to report the additional estate tax imposed for an early disposition of specially valued property or for an early cessation of a qualified use. …
Form 1125-E: Compensation of Officers
Form 1125-E is used by entities with total receipts of $500,000 or more to provide a detailed report of deductions for compensation of officers, and must be attached to the …
Form 720-CS: Carrier Summary Report
Bulk transport carriers must file Form 720-CS with the IRS to report monthly receipts and disbursements of liquid products at a designated storage location. Filing rules and requirements are outlined …
Form 461: Limitation on Business Losses
The Tax Cuts and Jobs Act has limited the amount of annual losses from the trades or businesses of noncorporate taxpayers that can be claimed. Form 461 aims to calculate …
Form 8275: Disclosure Statement
Form 8275 is used to disclose items or positions on a tax return to avoid certain penalties, including the accuracy-related penalty due to disregarding of rules, the economic substance penalty, …
Form 4255: Recapture of Investment Credit
Form 4255 is used to calculate the tax increase for investment credit and a qualifying therapeutic discovery project grant when certain conditions apply. Learn about exceptions, adjustments, and regulations to …
Form 926: Return by a U.S. Transferor of Property to a Foreign Corporation
U.S. citizens, domestic corporations, and domestic estates or trusts must complete and file Form 926 with the IRS to report certain transfers of tangible or intangible property to a foreign …