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Also Part I 163 6601 7122 1. 163 9T 301. 6601 1 301. 7122 1 Rev. Proc. 2002 26 SECTION 1. PURPOSE The purpose of this revenue procedure is to update and restate the Internal Revenue Service s position regarding the application by the Service of a partial payment of tax penalty and interest for one or more taxable periods.

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What is rev proc 26 form?

Rev Proc 26 is a form used by taxpayers to request a change in accounting method for tax purposes.

Who is required to file rev proc 26 form?

Rev Proc 26 form is required to be filed by taxpayers who want to change their accounting method for tax purposes.

How to fill out rev proc 26 form?

To fill out rev proc 26 form, taxpayers need to provide information about their current accounting method, proposed change, and supporting documentation. They can refer to the instructions provided by the IRS for detailed guidance.

What is the purpose of rev proc 26 form?

The purpose of rev proc 26 form is to allow taxpayers to request a change in accounting method for tax purposes, ensuring compliance with tax regulations and guidelines.

What information must be reported on rev proc 26 form?

The rev proc 26 form requires taxpayers to report their current accounting method, proposed change, reasons for the change, and any supporting documentation or calculations.

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