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Instructions for Form 8275 R Rev February Instructions for Form 8275 R, Regulation Disclosure Statement

Instructions for Form 8275 R Rev February Instructions for Form 8275 R, Regulation Disclosure Statement

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video we'll be going over IRS form 8275 disclosure statement so the purpose of this form is that uh taxpayers and tax return preparers will use this form to disclose items or pres positions that are not otherwise adequately disclosed on a tax return the exception for this is if uh you're taking an item or or disclosing an item or a position contrary to uh Treasury regulations in that case you'll want to use IRS form 8275 D regulation disclosure statement so the purpose of this tax form is to uh provide or to ensure that the IRS has enough information uh from your tax return uh to avoid accuracy related penalties either due to disregard of tax rules uh due to a substantial under statement of income tax for non-t tax shelter items or um also related to either economic substance penalty tax preparer penalties for tax understatements due to unreasonable positions so this form uh is pretty useful in very specific situations where uh you would otherwise uh need to mak

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