Establishing secure connection…Loading editor…Preparing document…
We are not affiliated with any brand or entity on this form.
![Form 8876 Rev December Fill in Capable Excise Tax on Structured Settlement Factoring Transactions](/preview/1/656/1656984.png)
Form 8876 Rev December Fill in Capable Excise Tax on Structured Settlement Factoring Transactions
be ready to get more
Create this form in 5 minutes or less
Create this form in 5 minutes!
How to create an eSignature for the form 8876 rev december fill in capable excise tax on structured settlement factoring transactions
How to create an electronic signature for a PDF online
How to create an electronic signature for a PDF in Google Chrome
How to create an e-signature for signing PDFs in Gmail
How to create an e-signature right from your smartphone
How to create an e-signature for a PDF on iOS
How to create an e-signature for a PDF on Android
People also ask
-
What is form 8876?
Use this form to report and pay the 40% excise tax imposed under Internal Revenue Code section 5891 on the factoring discount of a structured settlement factoring transaction.
-
What is the excise tax on a structured settlement?
In general, section 5891 applies to structured settlement factoring transactions entered into on or after February 22, 2002. The amount of the excise tax is 40% of the excess of (1) the aggregate undiscounted amount of the payments being acquired, over (2) the total amount actually paid to acquire them.
-
What is a structured settlement factoring transaction?
The term “structured settlement factoring transaction” means a transfer of structured settlement payment rights (including portions of structured settlement payments) made for consideration by means of sale, assignment, pledge, or other form of encumbrance or alienation for consideration.
-
Is income from structured settlement taxable?
Under a structured settlement, all future payments are completely free from: Federal and state income taxes; Taxes on interest, dividends and capital gains; and. The Alternative Minimum Tax (AMT).
Get more for Form 8876 Rev December Fill In Capable Excise Tax On Structured Settlement Factoring Transactions
- Corporation meeting requirements accounting and tax services for form
- Temporary lease agreement free legal forms uslegal
- I name of principal form
- Form ma 864lt
- Each party further agrees that they are not acting under duress form
- Sample pet addendum to rental agreementlease template form
- Form of loan agreement and promissory note secgov
- This mortgage is given by name of borrower of form
Find out other Form 8876 Rev December Fill In Capable Excise Tax On Structured Settlement Factoring Transactions
- How To eSignature North Dakota Verification of employment form
- eSignature North Dakota Verification of employment form Myself
- Help Me With eSignature North Dakota Verification of employment form
- How Can I eSignature North Carolina Verification of employment form
- How Can I eSignature North Dakota Verification of employment form
- Can I eSignature North Dakota Verification of employment form
- eSignature North Dakota Verification of employment form Free
- Can I eSignature North Carolina Verification of employment form
- eSignature North Dakota Verification of employment form Secure
- eSignature Ohio Verification of employment form Online
- eSignature Ohio Verification of employment form Computer
- eSignature North Dakota Verification of employment form Fast
- eSignature Ohio Verification of employment form Mobile
- eSignature Ohio Verification of employment form Now
- eSignature North Dakota Verification of employment form Simple
- eSignature Ohio Verification of employment form Later
- eSignature Ohio Verification of employment form Free
- eSignature Ohio Verification of employment form Myself
- eSignature North Dakota Verification of employment form Easy
- eSignature Ohio Verification of employment form Fast
be ready to get more
Get this form now!
If you believe that this page should be taken down, please follow our DMCA take down process here.