Get the free form 8779

Section 1288.--Treatment of Original Issue Discount on Tax-exempt Obligations The adjusted applicable federal short-term, midterm, and long-term rates are set forth for the month of September 1998.

How to fill out form 8779

How to fill out form 8779?

1. Begin by obtaining a copy of form 8779 from the appropriate source, such as the IRS website or a tax preparation software.
2. Review the instructions provided with the form to ensure you understand the purpose and requirements of form 8779.
3. Start by entering your personal information, including your name, social security number, and contact details, in the designated sections of the form.
4. If applicable, provide the name, taxpayer identification number, and address of any other individuals or entities involved in the transaction or tax liability.
5. Fill out the specific details of the transaction for which you are reporting on form 8779. This may include information such as the date, amount, and nature of the transaction.
6. Include any supporting documentation or attachments required by the form and indicated in the instructions. This could be copies of invoices, contracts, or receipts related to the transaction.
7. Double-check all the information you have entered on the form to ensure accuracy and completeness.
8. Sign and date the form in the designated area to certify that the information provided is true and correct to the best of your knowledge.
9. Retain a copy of the completed form for your records and submit the original to the appropriate tax authority as instructed.

Who needs form 8779?

1. Individuals or entities engaged in certain types of transactions that require reporting to the tax authority may need to fill out form 8779. This can include transactions such as the sale of real estate or assets, bartering, or other exchanges resulting in a tax liability.
2. It is important to consult the relevant tax regulations or seek professional advice to determine if your specific situation requires the completion of form 8779.
3. Various factors, such as the type, value, and nature of the transaction, can determine whether form 8779 is necessary.

For pdfFiller’s FAQs

What is form 8779?

Form 8779 is a document used by individuals or organizations to request an extension of time to file their federal income tax return.

Who is required to file form 8779?

Form 8779 is required to be filed by any individual or organization that needs additional time to complete and file their federal income tax return.

How to fill out form 8779?

To fill out form 8779, you need to provide your personal information, including name, address, and Social Security number or employer identification number. You need to indicate the type of return you are filing and the reason for requesting the extension. Additionally, you must estimate your total tax liability and any tax payments already made.

What is the purpose of form 8779?

The purpose of form 8779 is to request an extension of time to file your federal income tax return in situations when you cannot meet the original deadline.

What information must be reported on form 8779?

Form 8779 requires you to report your personal information, tax identification number, type of return being filed, reason for requesting the extension, estimated total tax liability, and any tax payments made prior to the original due date.

Where do I find form 8779?

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