Form 8919 – Uncollected Social Security and Medicare Tax on Wages
Form 8919 is used by workers who believe their employer incorrectly classified them as an independent contractor and did not withhold Social Security and Medicare taxes. It allows them to pay these taxes directly to the IRS.
Form 8857 – Request for Innocent Spouse Relief (cross-referenced under relief forms)
Form 8857 is an IRS form used to request relief from joint tax liabilities when a spouse is unaware of their partner’s tax errors. It provides a path for an "innocent" spouse to avoid being responsible for their partner's tax mistakes.
Form 8282 – Donee Information Return
Form 8282 is used when a non-profit organization sells, exchanges, or otherwise disposes of certain donated property within three years of the donation date. It helps the IRS keep track of charitable contributions.
Form 8283 – Noncash Charitable Contributions (previously mentioned under charitable contributions)
Form 8283 is an IRS form used to report noncash charitable contributions, such as clothing, furniture, or artwork, when claiming deductions on your tax return. It ensures you get the proper credit for your generous donations.
Form 1120-PC – U.S. Property and Casualty Insurance Company Income Tax Return
Form 1120-PC is a specific tax form used by property and casualty insurance companies to report their income, deductions, and tax liability to the IRS. Understanding this form is crucial for these companies to remain compliant with tax laws.
Form 1120-L – U.S. Life Insurance Company Income Tax Return (noted earlier under corporate filings)
Form 1120-L is a specialized tax form for life insurance companies to report their income, deductions, and tax liability to the IRS. It's crucial for these companies to accurately file this form to comply with federal tax laws.
Form 5472 – Information Return of a 25% Foreign-Owned U.S. Corporation
Form 5472 is an IRS information return that certain U.S. corporations with significant foreign ownership must file annually. It's crucial for transparency and helps the IRS track transactions between these corporations and their foreign owners.
Form 5471 – Information Return of U.S. Persons with Respect to Certain Foreign Corporations (noted earlier under international reporting)
Form 5471 is an IRS information return used by U.S. persons who own a certain amount of stock in a foreign corporation. It helps the IRS track foreign business activities of U.S. taxpayers.
Form 4563 – Exclusion of Income for Bona Fide Residents of American Samoa (mentioned earlier but relevant here)
Form 4563 is an IRS form used by qualified residents of American Samoa to exclude certain income from U.S. federal income tax. It helps ensure that those who live and work in American Samoa are not taxed twice on their earnings.
Form 5074 – Allocation of Individual Income Tax to Guam or the Commonwealth of the Northern Mariana Islands
Form 5074 is used to figure out how much of your income tax should go to Guam or the Commonwealth of the Northern Mariana Islands (CNMI), instead of the U.S. It's relevant if you've earned income in those areas.