OMB control number
TD 8096 - Product Liability Losses and Accumulations for Product Liability Losses
OMB 1545-0863 · TREAS/IRS.
OMB 1545-0863
Generally, a taxpayer who sustains a product liability loss must carry the loss back 10 years. However, a taxpayer may elect to have such loss treated as a regular net operating loss under section 172. If desired, such election is made by attaching a statement to the tax return. This statement will enable the IRS to monitor compliance with the statutory requirements.
The latest form for TD 8096 - Product Liability Losses and Accumulations for Product Liability Losses expires 2027-09-30 and is listed under ICR 202405-1545-001.
Latest Forms, Documents, and Supporting Material
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| Supporting Statement A | |
| Information collection |