1065-X Instructions for Form 1065-X

Instructions for Form 1065X

Department of the Treasury
Internal Revenue Service

(January 2012)

Amended Return or Administrative Adjustment Request (AAR)
Section references are to the Internal
Revenue Code unless otherwise noted.

Future Developments
The IRS has created a page on IRS.gov
for information about Form 1065X and its
instructions, at www.irs.gov/form1065x.
Information about any future
developments affecting Form 1065X
(such as legislation enacted after we
release it) will be posted on that page.

Purpose of Form
Use Form 1065X, if you are not filing
electronically, to:
• Correct items on a previously filed
Form 1065, Form 1065-B, or Form 1066
or
• Make an Administrative Adjustment
Request (AAR) for a previously filed Form
1065, Form 1065-B, or Form 1066.
For the purposes of these instructions,
consolidated audit proceedings of
sections 6221 through 6234 will be
referred to as TEFRA proceedings. In
addition, partnerships that are subject to
the consolidated audit proceedings of
sections 6221 through 6234 will be
referred to as “TEFRA partnerships” and
those partnerships that are not subject to
the consolidated audit proceedings will be
referred to as “nonTEFRA partnerships”.
Form 1065X cannot be used to make a
section 6222 notice of inconsistent
treatment or a 6227(d) partner-level AAR.
Continue to use Form 8082, Notice of
Inconsistent Treatment or Administrative
Adjustment Request (AAR), to make
those changes.
If you are a nonTEFRA
partnership (see Item E of these
CAUTION instructions) electronically filing an
amended return, use Form 1065. If you
are not filing an amended return
electronically, use Form 1065X.
Do not use Form 1065X to file an
amended return or AAR for a TEFRA
partnership (Form 1065) or amended
return or AAR for an electing large
partnership (Form 1065-B) if the
amended return or AAR is required to be
filed electronically or you are electing to
file the amended return or AAR
electronically. Instead, use Form 8082.
See the Instructions for Form 8082 for
more information.
Generally, the criteria used to
determine whether the original Form 1065
or Form 1065-B is required to be filed
electronically also are used to determine
if the amended return or AAR must be
filed electronically.
For information on when Form 1065 is
required to be filed electronically, and

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Jan 12, 2012

how to file an amendment or AAR for a
partnership, see the Instructions for Form
1065.
For information on when Form 1065-B
is required to be filed electronically, and
how to file an amendment or AAR for an
electing large partnership, see the
Instructions for Form 1065-B.

Partner or Tax Matters Person, or, in the
case of an ELP, before the mailing to the
partnership a notice of partnership
administrative adjustment with respect to
that year.

Who Must File

What To Attach

Amended return. Partnerships and Real
Estate Mortgage Investment Conduits
(REMICs) that become aware of incorrect
items of income, deductions, etc., use
Form 1065X to correct their previously
filed partnership or REMIC return. See
Specific Instructions, later, for information
on completing Form 1065X as an
amended return.
AAR-Partnerships (except Electing
Large Partnerships). Partnerships that
are subject to the consolidated audit
proceedings of sections 6221 through
6234 use Form 1065X to file for an AAR.
See Specific Instructions, later, for
information on completing Form 1065X as
an AAR.
AAR-Electing Large Partnerships
(ELPs). ELPs that need to correct errors
on a previously filed Form 1065-B use
Form 1065X to file for an AAR. See
Specific Instructions, later, for information
on completing Form 1065X as an AAR.
AAR-REMICs. REMICs that do not meet
the small REMIC exception under
sections 860F(e) and 6231, and related
regulations, or make the election
described in section 6231(a)(1)(B)(ii) not
to be treated as a small REMIC, use
Form 1065X to file for an AAR. See
Specific Instructions, later, for information
on completing Form 1065X as an AAR.
When a partnership’s or REMIC’s
TIP federal return is changed for any
reason, it may affect its state
return. For more information, contact the
state tax agency to which the state return
is filed.

When To File
Generally, a partnership or REMIC may
file an amended return to change items
on its return:
1. Within 3 years after the later of:
• The date on which the partnership
return for that year is filed or
• The last day for filing the partnership
return for that year (excluding
extensions); and
2. In the case of a TEFRA partnership
or REMIC, before a notice of final
partnership administrative adjustment for
that year is mailed to the Tax Matters
Cat. No. 57876S

Note. See sections 6227(b) and
6229(b)(1)(B) if the TEFRA partnership
statute has been extended.
If the corrected amount involves an item
of income, deduction, or credit that must
be supported with a schedule, statement,
or form, attach the appropriate schedule,
statement, or form to Form 1065X.
Include the entity’s name and employer
identification number (EIN) on any
attachments. See the Instructions for
Form 1065, 1065-B, or 1066 (as
applicable) for a list of forms that may be
required.
If the attachments needed to support
the corrected amount include copies of
forms or schedules from previously filed
tax returns, write at the top of each
previously filed form or schedule, “Copy
Only — Do Not Process.”
In addition, if the ELP or REMIC
requests that the IRS electronically
deposit a refund of $1 million or more,
attach Form 8302, Electronic Deposit of
Tax Refund of $1 Million or More.

Who Must Sign
NonTEFRA Partnerships. One general
partner or Limited Liability Company
(LLC) member manager must sign the
return. Form 1065X is not considered to
be a return unless it is signed. When a
return is made for a partnership by a
receiver, trustee, or assignee, the
fiduciary must sign the return instead of
the general partner or LLC member
manager. Returns and forms signed by a
receiver or trustee in bankruptcy on
behalf of a partnership must be
accompanied by a copy of the order or
instructions of the court authorizing the
signing of the return or form.
TEFRA Partnerships. The Tax Matters
Partner (TMP) must sign the amended
return. See Tax Matters Partner, later, for
the definition of a TMP.
ELPs. The Partner with Authority (PWA)
must sign the amended return. See
Partner with Authority, later, for the
definition of a PWA.
REMICs with a startup day after
November 9, 1988. For these REMICs,
Form 1065X may be signed by any
person who could sign the return of the
entity in the absence of the REMIC
election. Thus, the return of a REMIC that

is a corporation or trust would be signed
by a corporate officer or a trustee,
respectively. For REMICs with only
segregated pools of assets, the return
would be signed by any person who could
sign the return of the entity owning the
assets of the REMIC under applicable
state law.
REMICs with a startup day before
November 10, 1988. These REMICs
may elect to apply the rules for REMICs
with a startup day after November 9, 1988
(as described in Regulations section
1.860F-4(c)(2)(iii)). Otherwise, Form 1066
must be signed by a residual interest
holder or, as provided in section 6903, by
a fiduciary as defined in section
7701(a)(6) who is acting for the REMIC
and who has furnished adequate notice
as described in Regulations section
301.6903-1(b).
In the prior paragraph, the term
“startup day” means any day selected by
a REMIC that is on or before the first day
on which interests in such REMIC are
issued. Otherwise, “startup day” is the
day on which the REMIC issued all of its
regular and residual interests. However, a
sponsor may contribute property to a
REMIC in exchange for regular and
residual interests over any period of 10
consecutive days and the REMIC may
designate any one of those 10 days as
the startup day. The day so designated is
then the startup day, and all interests are
treated as issued on that day.

Where To File
Form 1065X must be filed with the service
center where the original return was filed.

Definitions
Tax Matters Partner. If the partnership
is subject to the TEFRA procedures, it
can designate a partner as the tax
matters partner (TMP) for the tax year for
which the return is filed. The TMP is a
general partner (in most cases, the TMP
must also be a U.S. person) designated
by the partnership to represent the
partnership in consolidated audit and
litigation proceedings under sections
6221 through 6234. The designation is
made by completing the Designation of
Tax Matters Partner section on page 3 of
Form 1065.
Additionally, a REMIC may designate
a tax matters person in the same manner
in which a partnership may designate a
tax matters partner under Regulations
section 301.6231(a)(7)-1. When applying
that section, treat all holders of a residual
interest in the REMIC as general
partners. The designation may be made
by completing the Designation of Tax
Matters Person section on page 4 of
Form 1066.
For a limited liability company (LLC),
only a member manager of the LLC is
treated as a general partner. A member
manager is any owner of an interest in the
LLC who, alone or together with others,
has continuing exclusive authority to

make the management decisions
necessary to conduct the business for
which the LLC was formed. If there are no
elected or designated member managers,
each owner is treated as a member
manager. For details, see Regulations
section 301.6231(a)(7)-2.
Partner with Authority. Each ELP must
designate a partner (or other person) who
shall have the sole authority to act on
behalf of the partnership. See section
6255(b)(1). If the partnership fails to
designate a partner with authority, the
IRS can select any partner to serve as the
partner with such authority. The PWA has
the authority to file an administrative
adjustment request on behalf of the
partnership. The PWA does this by filing
Form 1065X.

Protective AARs

Paid Preparer’s
Information

A protective AAR must clearly state
that it is a protective AAR, alert the IRS to
the essential nature of the adjustment,
and specify the line item to be protected.

If a partner or an employee of the
partnership or REMIC completes Form
1065X, the “Paid Preparer Use Only”
space should remain blank. In addition,
anyone who prepares Form 1065X but
does not charge the partnership or
REMIC should not complete this section.
Generally, anyone who is paid to
prepare Form 1065X must do the
following.
• Sign the return in the space provided
for the preparer’s signature.
• Fill in the other blanks in the “Paid
Preparer Use Only” area of the return. A
paid preparer cannot use a social security
number in the “Paid Preparer Use Only”
box. The paid preparer must use a
preparer tax identification number (PTIN).
• Give the partnership or REMIC a copy
of the return in addition to the copy to be
filed with the IRS.
Note. A paid preparer may sign original
or amended returns by rubber stamp,
mechanical device, or computer software
program.

Interest and Penalties
Interest. Interest is charged on taxes not
paid by the due date, even if an extension
of time to file is granted. Interest is also
charged on penalties imposed for
negligence, fraud, substantial valuation
misstatements, substantial
understatements of tax, and reportable
transaction understatements. The interest
is charged from the due date (including
extensions) to the date of payment. The
interest charge is figured at a rate
determined under section 6621.
Late payment penalty. The penalty for
not paying the tax when due is usually 1/2
of 1% of the unpaid tax for each month or
part of a month that the tax remains
unpaid. The penalty cannot exceed 25%
of the unpaid tax.
Other penalties. Penalties can also be
imposed for negligence, substantial
understatements of tax, reportable
transaction understatements, and fraud.
See sections 6662, 6662A, and 6663.

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Generally, a protective AAR is a request
for credit or refund based on current
litigation or expected changes in tax law
or other legislation. The TMP or PWA files
a protective AAR when the right to a
refund is contingent on future events and
may not be determinable until after the
period for filing an AAR has expired.
Protective AARs are subject to AAR
statutes set forth in sections 6227, 6228,
and 6229. If you are a TMP filing on
behalf of the partnership, the petition
period described in section 6228 can be
extended by using Form 9248,
Agreement to Extend the Time to File a
Petition for Adjustment by the Tax Matters
Partner With Respect to Partnership
Items.

Judicial review of an AAR (for returns
subject to the TEFRA procedures or
ELPs). If the IRS fails to act on an AAR,
the TMP or PWA may file a petition for
judicial review with the United States Tax
Court, United States Court of Federal
Claims, or United States District Court.
The TMP or PWA must file the petition
before the date that is 2 years after the
date the TMP or PWA filed the AAR, but
not until after the date that is 6 months
from the date of such filing. The 2-year
period may be extended if the IRS and
the TMP or PWA agree in writing. For
more details, see sections 6228 and
6252.

Specific Instructions
Name and Address
Print or type the legal name of the entity,
address, and EIN on the appropriate
lines. Include the suite, room, or other unit
number after the street address. If the
Post Office does not deliver mail to the
street address and the entity has a P.O.
box, show the box number instead.
If the entity receives its mail in care of
a third party (such as an accountant or
attorney), enter on the street address line
“C/O” followed by the third party’s name
and street address or P.O. box.
If the entity’s address is outside the
United States, or its possessions or
territories, enter the information on the
line for “City or town, state, and ZIP code”
in the following order: city, province or
state, and foreign country. Follow the
foreign country’s practice in placing the
postal code in the address. Do not
abbreviate the country name.

Item A
If the answer to item A is “Yes,” the
partnership return is not subject to the
TEFRA proceedings. You should proceed
to item E and check the “Not subject to
TEFRA” box.

Items B though E
These items are used to determine if the
partnership is subject to the rules for
consolidated audit procedures (TEFRA
procedures).
Consolidated REMIC proceedings.
Generally, the tax treatment of REMIC
items is determined at the REMIC level in
a consolidated REMIC proceeding, rather
than in separate proceedings with
individual residual interest holders. A
REMIC subject to consolidated REMIC
procedures will have checked the box on
item G on page 4 of its original Form
1066.

Items B and C
All partnerships (except ELPs) and
REMICs ARE subject to TEFRA
partnership audit procedures unless the
partnership or REMIC is subject to the
small partnership exception. See section
6231(a)(1)(B).
A small partnership is a partnership
with 10 or fewer partners at all times
during the year. All partners must be U.S.
individuals and their estates, resident
alien individuals, or C corporations. If both
these conditions are met, check the “Yes”
box for item B and item C.
Note. For making the small partnership
determination, a husband and wife each
having their own partnership interest are
considered one partner. An individual who
has passed away during the year and
their estate are considered one partner.

Item D
A partnership defined as a small
partnership can elect to be treated as a
TEFRA partnership. The partnership
elects TEFRA treatment by attaching a
statement to the tax return for the first
year they wish the election to be effective.
This statement must be signed by all
partners. See Regulations section
301.6231(a)(1)-1(b). Form 8893, Election
of Partnership Level Tax Treatment, is the
statement that can be used to make this
election. If you answer “Yes” to item D,
also enter the tax year of the filing of this
election in the space provided.

Item E
If at any time during the tax year, there
are more than 10 partners or any of the
following are partners in the partnership,
then the partnership is not a small
partnership.
• Another partnership.
• A limited liability company (LLC) which
files as a partnership or is treated as a
disregarded entity.
• Any type of trust, including a grantor
trust.
• A nominee.
• A nonresident alien.
• An S corporation.

If in item... The box Then in item E,
checked check...
is...
B

No

Subject to TEFRA

C

No

Subject to TEFRA

D

Yes

Subject to TEFRA

B and C

Yes

Not subject to
TEFRA

D

No

Not subject to
TEFRA

Item F
Check the box to indicate whether you
are filing an amended return or an AAR.
Amended return. Check this box if you
checked the “Not subject to TEFRA” box
in item E, and you are not an ELP. This
means that you are filing a request to
correct a previously filed nonTEFRA
partnership return or REMIC return.
If your partnership or REMIC return
meets the exception under section
860F(e) or section 6231, and does not file
an election to be treated as a TEFRA
partnership under section
6231(a)(1)(B)(ii), and you received a
corrected Form 1099 or are making
changes to income, deductions, or
credits, but there are no flow-through
changes from a TEFRA partnership, then
you are filing an amended return. Check
the “Amended Return” box.
Administrative Adjustment Request
(AAR). Check this box if you are filing a
request to correct a previously filed
partnership or REMIC return and you are
one of the following.
• The TMP of the TEFRA partnership or
REMIC. The REMIC must be subject to
consolidated REMIC proceedings. For
more information on consolidated REMIC
proceedings, see the Instructions for
Form 1066.
• An ELP correcting a previously filed
return.

Item G
A substituted return is an amended return
in which the TMP requests that the
treatment of an item shown on the AAR
be substituted for the treatment of the
item on the pass-through entity’s return. If
the IRS allows substituted return
treatment, the changes shown on the
amended return will be treated as
corrections of mathematical or clerical
errors, and the IRS may credit or refund
any overpayment of tax to the partners or
residual interest holders based on the
amended return or assess any resulting
tax without a deficiency or entity level
proceeding. See section 6227(c)(1).
If the request is not treated as a
substituted return, the IRS may credit or
refund any overpayment of tax to the
partners or residual interest holders per
the request, conduct an examination of
the pass-through entity’s return, or take
no action on the request. When a request
is not treated as a substituted return, the
IRS cannot assess tax without a

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deficiency or entity level proceeding. See
section 6227(c)(2).
ELPs. An ELP cannot request
substituted treatment. See section
6251(b).

Part I—Amended or
Administrative Adjustment
Request (AAR) Items for
Partnerships Filing Form
1065 Only
For information on income, deductions,
credits, etc., see the Instructions for Form
1065, Schedules K and K-1, for the tax
year being amended or otherwise
adjusted. See the Instructions for Form
1065 for a list of forms that may be
required.
If you are a TEFRA partnership, the
IRS will process Form 1065X following
the guidelines set forth in sections
6227(c)(1) and 6227(c)(2).
Column (a). Enter the amounts from
Schedule K of Form 1065 as originally
filed or as was previously adjusted. If the
return was changed or audited by the
IRS, enter the amounts as adjusted.
Column (b). Enter the net increase or
decrease for each line being changed.
Use parentheses around all amounts that
are decreases. Explain the increase or
decrease in Part III.
Line 3. Use line 3 to show amendments
to other net rental income (loss). For
more information on how other net rental
income (loss) is calculated, see Line 3.
Other Net Rental Income (Loss) in the
Instructions for Form 1065 for the tax year
being amended or otherwise adjusted.
If the partnership is reporting more
than one rental activity, show the
separate calculation for each activity in
Part III.
Line 9c. For more information on the
three types of unrecaptured section 1250
gain that can be reported, see Line 9c.
Unrecaptured Section 1250 Gain in the
Instructions for Form 1065 for the tax year
being amended or otherwise adjusted.
If the partnership is reporting more
than one type of unrecaptured section
1250 gain, show the separate calculation
for each gain in Part III.
Line 11. Enter any other item of income
or loss not included in lines 1 through 10.
For information on the types of income
and loss reported, see Line 11. Other
Income (Loss) in the Instructions for Form
1065 for the tax year being amended or
otherwise adjusted.
In Part III, identify the different types
and amounts of income and loss reported
on this line.
Line 13d. Enter deductions not included
on lines 12, 13a, 13b, 13c, and 16l. For
more information on the types of
deductions reported, see Line 13d. Other
Deductions in the Instructions for Form
1065 for the tax year being amended or
otherwise adjusted.

In Part III, identify the different types
and amounts of the deductions reported
on this line.
Line 15d. Enter credits (other than
credits reported on lines 15a through 15c)
related to rental real estate activities.
These credits may include any type of
credit listed in Line 15f. Other Credits of
the Instructions for Form 1065 for the tax
year being amended or otherwise
adjusted.
In Part III, identify the different types
and amounts of the rental real estate
credits reported on this line.
Line 15e. Enter credits (other than
credits reported on lines 15a through 15d)
related to rental activities. These credits
may include any type of credit listed in
Line 15f. Other Credits of the Instructions
for Form 1065 for the tax year being
amended or otherwise adjusted.
In Part III, identify the different types
and amounts of the rental credits reported
on this line.
Line 15f. Enter credits, except for credits
or expenditures shown or listed for lines
15a through 15e. If any of the credits are
attributable to rental activities, enter them
on line 15d or line 15e as appropriate. For
more information on the types of credits
listed, see Line 15f. Other Credits in the
Instructions for Form 1065 for the tax year
being amended or otherwise adjusted.
In Part III, identify the different types
and amounts of credits reported on this
line. If any of the credits are subject to
recapture, include in Part III the credit
recapture information.
Line 16m. Use line 16m to show
amendments to total reduction in taxes
available for credit. For more information
about the reduction in taxes that are
reported, see Line 16m. Reduction in
Taxes Available for Credit (Code N) in the
Instructions for Form 1065 for the tax year
being amended or otherwise adjusted.
In Part III, identify the different types
and amounts of reductions reported on
this line.
Line 16n. Use Part III to report
amendments to other foreign tax
information. For more information about
the other foreign tax information
associated with this line, see Line 16n.
Other Foreign Tax Information in the
Instructions for Form 1065 for the tax year
being amended or otherwise adjusted.
Line 17f. Use line 17f to show
amendments to other AMT items that are
not shown on lines 17a through 17e. For
more information about the other AMT
items associated with this line, see Line
17f. Other AMT Items in the Instructions
for Form 1065 for the tax year being
amended or otherwise adjusted.
In Part III, identify the different types
and amounts of other AMT items reported
on this line.
Line 20c. Use Part III to report
amendments to other items and amounts.
For more information on other items and
amounts associated with this line, see
Line 20c. Other Items and Amounts in the

Instructions for Form 1065 for the tax year
being amended or otherwise adjusted.

Amended Schedules K-1
File amended Schedules K-1 with Form
1065X and furnish copies of the amended
Schedules K-1 to the partners. If the
partnership is filing Form 1065X for an
AAR, inform the partners receiving the
amended Schedules K-1 that the
partnership is filing the AAR. If the
partnership is not subject to the rules for
consolidated audit proceedings (TEFRA
proceedings) under sections 6221
through 6234, it must furnish the
amended Schedules K-1 to its partners.
The partners must then file their own
amended returns.

Part II—Amended or
Administrative Adjustment
Requests (AAR) Items for
ELPs and REMICs Only
ELPs only. An ELP may file an AAR to
adjust its partnership items. Generally,
the ELP has two choices for handling the
adjustment.
1. It may combine the adjustment with
the same partnership item for the year in
which the IRS allows the adjustment and
pass it through to the current partners for
that year. However, if the adjustment
involves the reduction in a credit which
exceeds the amount of that credit for the
partnership tax year in which the
adjustment is allowed, the partnership
must pay tax in an amount equal to the
excess amount.
2. It may elect not to pass the
adjustment through to current partners by
paying tax on any imputed underpayment
that results from the adjustment. If the
partnership elects to pay the tax, enter it
on Part II, line 16. Attach a computation of
the tax to Form 1065X.
In either case, the partnership is liable
for any interest and penalties on imputed
underpayments that result from the
adjustment. See section 6242(b) for
details. Interest is figured on the imputed
underpayment for the period beginning on
the day after the due date (excluding
extensions) of the partnership return for
the tax year the adjustment takes effect,
or, if earlier, the date the partnership paid
the tax due under 2 above. The adjusted
year is the partnership tax year in which
the item being adjusted arose.
ELPs and REMICs. Identify in Part II of
Form 1065X the amount and treatment of
any item the partnership or REMIC is
changing from the way it was reported on
the original return.
Column (a). Enter a description of the
item that the partnership or REMIC is
adjusting or amending.
Column (b). Enter the amounts from the
ELP’s or REMIC’s return as originally filed
or as it was later adjusted. If the return
was changed or audited by the IRS, enter
the amounts as adjusted.

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Column (c). Enter the net increase or
net decrease for each line being changed.
Use parentheses around all amounts that
are decreases. Explain the increase or
decrease in Part III.
Column (d). Add the increase in column
(c) to the amount in column (b) or subtract
the column (c) decrease from column (b).
Enter the result in column (d).
Line 6. Show any increase or decrease
to the ELP’s tax or other payments.
Line 10.
ELPs. Enter the line 6 amounts on
line 10.
REMICs. Add the amounts on lines 7
through 9 and enter the total for each
column on line 10.
Line 11. Enter the amount of tax
deposited with Form 7004, Application for
Automatic Extension of Time To File
Certain Business Income Tax,
Information, and Other Returns.
Line 14. Enter the amount from the
“Overpayment” line of the original return,
even if the ELP or REMIC chose to credit
all or part of this amount to the next year’s
estimated tax. This amount must be
considered in preparing Form 1065X
because any refund due from the original
return will be refunded separately from
any additional refund claimed on Form
1065X. If the original return was changed
by the IRS and the result was an
additional overpayment of tax, also
include that amount on line 14.
Line 16. If the ELP or REMIC does not
use electronic fund transfers, including
the Electronic Federal Tax Payment
System (EFTPS), enclose a check with
this form. Make the check payable to the
“United States Treasury.”
Line 17. If the ELP or REMIC is entitled
to a refund larger than the amount
claimed on the original return, line 17 will
show only the additional amount of
overpayment. This additional amount will
be refunded separately from the amount
claimed on the original return. The IRS
will figure any interest due and include it
in the refund.

Amended Schedules K-1 or
Schedules Q
If the ELP or REMIC is filing Form 1065X
for an AAR, do not furnish the amended
Schedules K-1 or Schedules Q to the
partners or residual interest holders. If the
REMIC is not filing for an AAR and is not
subject to the rules for consolidated audit
proceedings under sections 6221 through
6231, the REMIC must furnish the
amended Schedules Q to its residual
interest holders.

Part III—Explanation of
Changes to Items in Part I
and Part II
For each amended item, explain in detail
the reasons for the change. Include any
computations necessary to support the
amended item.

Changes in allocations. If there is a
change in the allocation of income, gain,
loss, deduction, or credit to a partner,
check the box in Part III and specify the
nature and reasons for the changes.
Paperwork Reduction Act Notice. We
ask for the information on this form to
carry out the Internal Revenue laws of the
United States. You are required to give us
the information. We need it to ensure that
you are complying with these laws and to
allow us to figure and collect the right
amount of tax.
You are not required to provide the
information requested on a form that is
subject to the Paperwork Reduction Act
unless the form displays a valid OMB

control number. Books or records relating
to a form or its instructions must be
retained as long as their contents may
become material in the administration of
any Internal Revenue law. Generally, tax
returns and return information are
confidential, as required by section 6103.
The time needed to complete and file
this form will vary depending on individual
circumstances. The estimated average
times are:
Recordkeeping . . . . . . . . . . 21 hr., 3 min.
Learning about the law or the
form . . . . . . . . . . . . . . . . . . 3 hr., 58 min.
Preparing and sending the
form to the IRS . . . . . . . . . . . 4 hr., 29 min.

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If you have comments concerning the
accuracy of these time estimates or
suggestions for making this form simpler,
we would be happy to hear from you. You
can write to the Internal Revenue Service,
Tax Products Coordinating Committee,
SE:W:CAR:MP:T:M:S, 1111 Constitution
Ave. NW, IR-6526, Washington, DC
20224. Do not send the form to this
address. Instead, see Where To File,
earlier.