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2016Instructions for Form 8027Department of the Treasury
Internal Revenue ServiceEmployer\'s Annual Information Return of
Tip Income and Allocated Tips
Section references are to the Internal Revenue
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What is govform8027?
Govform8027 is a tax form used to report interest earned on bank deposits.
Who is required to file govform8027?
Any individual or organization that earned interest on bank deposits totaling $10 or more during the year is required to file govform8027.
How to fill out govform8027?
Govform8027 can be filled out either electronically or by paper. The form requires information such as name, address, social security number, bank name, and interest earned.
What is the purpose of govform8027?
The purpose of govform8027 is to report interest income earned on bank deposits to the IRS for tax purposes.
What information must be reported on govform8027?
Information such as name, address, social security number, bank name, and interest earned must be reported on govform8027.
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