Get the free form 8397

Form 8397 Rev. 3-2010 page 1 Cat. No. 63077D www.irs.gov II. c. 2 a plan is top-heavy each non-key employee will receive a minimum contribution if the participant has not separated from service at the end of the plan year regardless of whether the non-key employee has less than 1 000 hours of service or the equivalent. CYCLE E Form 8397 March 2010 For IRS Use II. a. Department of Treasury Internal Revenue Service Date Employee Plans Deficiency C...

How to fill out form 8397

How to fill out Form 8397

1. Gather all necessary documentation related to the refund claim.
2. Download and print Form 8397 from the appropriate official website.
3. Fill in the taxpayer information section at the top, including name and address.
4. Provide the tax year for which the refund request is made.
5. Indicate the reason for the refund claim in the designated section.
6. Calculate the total refund amount you are requesting.
7. Sign and date the form at the bottom.
8. Submit the completed form along with any required attachments to the appropriate tax authority address.

Who needs Form 8397?

1. Taxpayers who believe they have overpaid their taxes and are seeking a refund.
2. Individuals or businesses claiming specific tax credits or deductions that resulted in an overpayment.
3. People who have been notified of a tax assessment that requires them to request a refund.

People Also Ask about

Will the IRS take my refund if my husband owes me money?

The IRS cannot take your refund check (if you file separately) to pay for your husband's tax debt. If you file a joint tax return with your new husband, the refund belongs to both of you so the IRS will take it and apply it to his tax debt.

Should I file separately if my husband owes taxes?

Possibly, yes. Generally speaking, when you file your taxes separately, you each report your own income and expenses and are responsible for your own activities. His tax debt is his tax debt, and yours is yours.

What happens if one spouse owes taxes but the other spouse doesn't?

The non-liable spouse's share of a tax refund may be withheld and require filing of a request for injured spouse relief. Some joint assets such as joint bank accounts can be reached by the IRS, and in the case of bank accounts they can seize the entire account (because either spouse can access the entire balance).

Can you file an injured spouse form electronically?

Yes, you can file Form 8379 electronically with your tax return. Generally: If you file Form 8379 with a joint return electronically, the time needed to process it is about 11 weeks. If you file Form 8379 with a joint return on paper, the time needed is about 14 weeks.

What qualifies for injured spouse relief?

You may be eligible for injured spouse relief if: You filed a joint return with your spouse. Your tax refund was applied to your spouse's overdue debts. You weren't responsible for the debt.

How long does it take the IRS to process innocent spouse relief?

We'll review your request and contact your spouse or former spouse to ask if they want to participate in the process. We may take up to 6 months or longer to review your request. While you wait, continue to file and pay your taxes as usual.

Can the IRS come after my wife for my debt?

If the debt is from joint returns you filed together when married, the IRS can collect from either spouse even after the divorce. The IRS can collect from whomever has money, they don't have to collect 50/50 or honor your divorce agreement.

Will the IRS take my refund if my spouse owes?

Yes. The IRS can apply all or part of your joint refund to your spouse's legally enforceable past-due debt.

For pdfFiller’s FAQs

What is Form 8397?

Form 8397 is a document used for reporting certain transactions to the Internal Revenue Service (IRS) concerning the transfer of property.

Who is required to file Form 8397?

Any individual or entity that engages in a reportable transaction involving property transfers as specified by the IRS must file Form 8397.

How to fill out Form 8397?

To fill out Form 8397, you must provide details about the transaction, including the names of the parties involved, descriptions of the property, and the value of the transactions.

What is the purpose of Form 8397?

The purpose of Form 8397 is to ensure that the IRS receives accurate information about property transfers to enforce tax compliance and track potential tax liabilities.

What information must be reported on Form 8397?

Form 8397 requires information such as the names and addresses of the individuals or entities involved, descriptions and values of the property, and the details of the transactions.