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S.C. REVENUE PROCEDURE #872SUBJECT:Penalties Waiver, Dismissal, ReductionEFFECTIVE DATE:March 24, 1987EXPIRATION DATE:N/SUPERSEDES:All previous documents and any oral directives in conflict herewith.REFERENCE:Section

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What is revenue procedure 87-2?

Revenue Procedure 87-2 provides guidelines for taxpayers to request letter rulings on certain tax issues.

Who is required to file revenue procedure 87-2?

Taxpayers who need guidance on specific tax issues can file for a letter ruling under Revenue Procedure 87-2.

How to fill out revenue procedure 87-2?

To fill out Revenue Procedure 87-2, taxpayers need to follow the guidelines provided in the revenue procedure and submit a request for a letter ruling to the IRS.

What is the purpose of revenue procedure 87-2?

The purpose of Revenue Procedure 87-2 is to provide taxpayers with a process to request guidance on specific tax issues from the IRS.

What information must be reported on revenue procedure 87-2?

Taxpayers must provide relevant facts and details about the tax issue they need guidance on when submitting a request under Revenue Procedure 87-2.

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