Form 8867 – Paid Preparer’s Due Diligence Checklist
Form 8867 is a checklist that tax preparers must use to ensure they've done their due diligence before filing a tax return, particularly for certain credits and deductions. This form helps protect both taxpayers and the IRS from fraud and errors.
Form 433-D – Installment Agreement
Form 433-D is used to request an installment agreement with the IRS to pay off your tax debt over time instead of in one lump sum. It's a critical tool for taxpayers who can't afford to pay their taxes in full immediately.
Form 9465 – Installment Agreement Request
Form 9465 is how you ask the IRS to let you pay your tax bill in monthly installments rather than all at once. It's a crucial tool for taxpayers who can't afford to pay their full tax liability immediately.
Form 8857 – Request for Innocent Spouse Relief (cross-referenced under relief forms)
Form 8857 is the official IRS form used to request innocent spouse relief. It can protect you from tax liabilities caused by your current or former spouse’s errors on a joint tax return.
Form 8332 – Release/Revocation of Release of Claim to Exemption for Child by Custodial Parent
Form 8332 is a crucial IRS document used by divorced or separated parents to determine which parent can claim a child as a dependent for tax purposes. It helps avoid confusion and ensures both parents don't claim the same child.
Form 1120-PC – U.S. Property and Casualty Insurance Company Income Tax Return
Form 1120-PC is the specific tax return form used by property and casualty insurance companies to report their income, deductions, and calculate their federal income tax liability. It's a specialized form catering to the unique nature of the insurance industry.
Form 1120-L – U.S. Life Insurance Company Income Tax Return
Form 1120-L is the specific tax form that U.S. life insurance companies use to report their income, deductions, and tax liability to the IRS. It’s crucial for these companies to file this form accurately to comply with federal tax law.
Form 1120-H – U.S. Income Tax Return for Homeowners Associations
Form 1120-H is the specific tax return that homeowners associations (HOAs) use to file their federal income taxes. It helps HOAs comply with tax laws and manage their finances correctly.
Form 1120-F – U.S. Income Tax Return of a Foreign Corporation
Form 1120-F is the specific tax return that foreign companies with business activities in the U.S. must file with the IRS. It's how the U.S. government taxes income that foreign corporations earn from U.S. sources.
Form 1120-C – U.S. Income Tax Return for Cooperative Associations
Form 1120-C is the specific tax return that cooperative associations use to report their income, deductions, and tax liabilities to the IRS. Understanding this form is essential for cooperatives to maintain compliance.