Get the free Form 8937

This form is used to report organizational actions that affect the basis of securities to the IRS. It provides details on distribution, tax treatment, and calculations required for shareholders to understand how these actions impact their taxable income. The distributions for 2023 are classified as both dividend and non-dividend distributions based on the company\'s earnings and profits.

How to fill out form 8937

How to fill out form 8937

1. Obtain Form 8937 from the IRS website or authorized tax service.
2. Enter the name of the corporation, partnership, or trust in line 1.
3. Fill in the address of the corporation, partnership, or trust in line 2.
4. Provide the employer identification number (EIN) in line 3.
5. Indicate the type of organizational structure in line 4.
6. Complete the details of the corporate action in Part I, including the date and description.
7. Calculate the tax impact for each class of stock or security and enter the values in Part II.
8. Review the form for accuracy and completeness before submitting.

Who needs form 8937?

1. Corporations or partnerships that have undergone a corporate action.
2. Tax-exempt organizations that need to report information regarding a transfer of stock.
3. Financial institutions handling securities transactions on behalf of clients.

For pdfFiller’s FAQs

How can I manage my form 8937 directly from Gmail?

form 8937 and other documents can be changed, filled out, and signed right in your Gmail inbox. You can use pdfFiller's add-on to do this, as well as other things. When you go to Google Workspace, you can find pdfFiller for Gmail. You should use the time you spend dealing with your documents and eSignatures for more important things, like going to the gym or going to the dentist.

How can I modify form 8937 without leaving Google Drive?

pdfFiller and Google Docs can be used together to make your documents easier to work with and to make fillable forms right in your Google Drive. The integration will let you make, change, and sign documents, like form 8937, without leaving Google Drive. Add pdfFiller's features to Google Drive, and you'll be able to do more with your paperwork on any internet-connected device.

How can I fill out form 8937 on an iOS device?

Get and install the pdfFiller application for iOS. Next, open the app and log in or create an account to get access to all of the solution’s editing features. To open your form 8937, upload it from your device or cloud storage, or enter the document URL. After you complete all of the required fields within the document and eSign it (if that is needed), you can save it or share it with others.

What is form 8937?

Form 8937 is the Report of Organizational Actions Affecting Basis of Securities, used by corporations, partnerships, and other entities to report adjustments to the tax basis of securities due to organizational actions.

Who is required to file form 8937?

Organizations that undergo certain corporate actions affecting the basis of their securities, such as stock splits, mergers, or distributions, are required to file Form 8937.

How to fill out form 8937?

To fill out Form 8937, report the organization’s name, the date of the organizational action, and the specific details of how the action affects the basis of the securities, including all relevant adjustments.

What is the purpose of form 8937?

The purpose of Form 8937 is to inform the IRS and shareholders about changes in the tax basis of securities due to organizational actions, ensuring proper tax compliance and reporting.

What information must be reported on form 8937?

Form 8937 must report the name of the organization, the date of the organizational action, a description of the action, the amount of change in basis, and any other necessary details to communicate the effects on the tax basis of the securities.