Form 8275-R

A form that one files with the IRS in order to report declarations made on a tax return in violation of U.S. Treasury regulation. One uses this form in order to avoid penalties otherwise assessed on inaccurate returns. It is used by individuals and corporations.

References in periodicals archive ?

Should a preparer decide that his or her student client has met the half support from earned income requirement, he or she should consider the need to include a Form 8275, Disclosure Statement, or Form 8275-R, Regulation Disclosure Statement, regarding Temp.

The new student tax

If, however, the position being taken is contrary to a regulation, then the taxpayer must use Form 8275-R to disclose such a position.

New preparer penalties: 'let's be careful out there'

Similarly, if the business owner does not produce receipts for entertainment expenses, the preparer is now required to submit Form 8275-R.

The 'more likely than not' standard

6694(a) is adequate if made on a Form 8275, Disclosure Statement, or Form 8275-R, Regulation Disclosure Statement, attached to the return, amended return, or refund claim, or pursuant to the annual revenue procedure authorized in Treasury Regulation sections 1.

Sound of relief: IRS provides transitional relief for return preparer penalty

The penalty for negligence or disregard of rules or regulations is not imposed if the taxpayer adequately discloses his or her position on Form 8275 ("Disclosure Statement"), or Form 8275-R ("Regulation Disclosure Statement") for a "good faith" challenge to a regulation, and attaches it to the return or a qualified amended return.

New guidance helps CPAs minimize tax penalties

For these purposes, disclosure generally is made on Form 8275, Disclosure Statement, or Form 8275-R, Regulation Disclosure Statement.

Forms 8275 and 8275-R: how much information is enough?

A taxpayer's position is adequately disclosed if made on Form 8275 (or, in the case of a position contrary to a regulation, on Form 8275-R (75)) and attached to the taxpayer's return or qualified amended return.

Final regulations relating to the accuracy-related penalty

Attached to the Federal estate tax return was Form 8275-R, Regulation Disclosure Statement, in which the estate took the position that Regs.

TC upholds GSTT Regs

If the information provided does not so apprise the Service, a Form 8275 or Form 8275-R must be used to adequately disclose the item (see Part II of the instructions for those forms).

IRS releases 2006 "adequate disclosure" guidelines

He also filed Form 8275-R, Regulation Disclosure Statement, disclosing that he relied on then-pending proposed legislation (HR 2794, 107th Cong.

ISOs and AMT: improving the odds when gambling with the IRS

83-6(a) in preparing a return should consider including Form 8275-R, Regulation Disclosure Statement.

Stock-based compensation reporting issues

If the information provided does not do so, Form 8275, Disclosure Statement, or Form 8275-R, Regulation Disclosure Statement, must be used to adequately disclose the item (see Part II of the instructions for those forms).