From determining the interest due for depreciated property to figuring the interest refunded to individuals, businesses, and pass-through entities, Form 8866 is a necessary tool for taxpayers. Learn more about …
Form 8853: Archer MSAs and Long-Term Care Insurance Contracts
Individuals who have or are considering contributing to an Archer Medical Savings Account must file Form 8853 by December 31, 2007, to report any contributions, deductions, distributions, or accelerated death …
Form 8883: Asset Allocation Statement Under Section 338
Form 8883, Asset Allocation Statement Under Section 338, is used to report information about transactions involving the deemed sale of corporate assets under section 338. This includes two types of …
Form 8814: Parents’ Election to Report Child’s Interest and Dividends
Parents who file Form 1040 or 1040-SR can make the election to report their child’s interest and dividend income on their return if the child meets certain criteria, such as …
Form 8974: Qualified Small Business Payroll Tax Credit for Increasing Research Activities
Businesses using Forms 941, 943, or 944 who made an election on their income tax return to claim the qualified small business payroll tax credit for increasing research activities must …
Form 8971: Information Regarding Beneficiaries Acquiring Property from a Decedent
Executors of an estate and other persons required to file estate tax forms after July 2015 may need to complete and file Form 8971, along with attached Schedule(s) A, with …
Form 8995: Qualified Business Income Deduction Simplified Computation
Eligible taxpayers with income from a trade or business may be entitled to the Qualified Business Income Deduction if they satisfy the requirements of Section 199A of the Internal Revenue …
Form 8996: Qualified Opportunity Fund
Form 8996 is the form that corporations and partnerships must complete to certify that they are organized to invest in qualified opportunity zone (QOZ) property and to report yearly on …
Form 8952: Application for Voluntary Classification Settlement Program (VCSP)
The Voluntary Classification Settlement Program (VCSP) is the Internal Revenue Service’s (IRS) program designed to provide relief to eligible taxpayers to voluntarily reclassify workers as employees for federal employment taxes. …
Form 8950: Application for Voluntary Correction Program (VCP)
Form 8950 is used to request written approval from the IRS for correcting a qualified plan, 403(b) plan, SEP, SARSEP, or SIMPLE IRA that failed to follow applicable requirements of …
Form 8275-R: Regulation Disclosure Statement
Form 8275-R is used to disclose positions taken on a tax return that are contrary to Treasury regulations in order to avoid the accuracy-related penalty. Common uses of the form …
Form 8621-A: Return by a Shareholder Making Certain Late Elections To End Treatment as a Passive Foreign Investment Company
This article focuses on providing information about the form 8621-A, which is used by U.S. persons to make a late purging election with respect to a former or Section 1297(e) …
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 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 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 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 965-D: Transfer Agreement Under Section 965(i)(2)
Form 965-D establishes the information and representations necessary to enter into a transfer agreement under section 965(i)(2) of the IRS when an S corporation’s shareholder has a section 965(i) net …
Form 965-B: Corporate and Real Estate Investment Trust (REIT) Report of Net 965 Tax Liability and Electing REIT Report of 965 Amounts
Taxpayers and REITs must file Form 965-B to report net 965 tax liability for any given tax year and any remaining liabilities unpaid during a tax year, or any section …
Form 965-E: Consent Agreement Under Section 965(i)(4)(D)
Shareholders of S Corporations with outstanding section 965(i) net tax liabilities must file Form 965-E to obtain consent to make a section 965(h) election within 30 days of a section …
Form 8955-SSA: Annual Registration Statement Identifying Separated Participants With Deferred Vested Benefits
Plan administrators of plans subject to the vesting standards of section 203 of ERISA must file Form 8955-SSA, with optional, voluntary filing available for other, government, church, and other plans. …