Instructions for Form 8275 R Rev February

Instructions and help about Instructions For Form 8275 R Rev February

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