
Instructions for Form 8886 Rev December Instructions for Form 8886, Reportable Transaction Disclosure Statement
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People also ask
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Can form 8886 be filed electronically?
Taxpayers can file IRS Form 8886 with the California e-file tax return. E-filers must also file a separate IRS Form 8886 for the first time the reportable transaction is disclosed. Mail a duplicate copy of IRS Form 8886 to the address above.
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What are the 5 categories of reportable transactions?
There are five categories of reportable transactions; confidential transactions, transactions with contractual protection, loss transactions, transactions of interest and listed transactions. See the brief descriptions of each type of transaction below.
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Who must file form 8806?
A reporting corporation must file Form 8806 to report an acquisition of control or a substantial change in the capital structure of a domestic corporation. The reporting corporation or any shareholder is required to recognize gain (if any) under section 367(a) and the related regulations as a result of the transaction.
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What are form 8886 filing requirements?
A Form 8886 disclosure must be filed for each dissimilar reportable transaction in which the taxpayer participated. Each disclosure must contain specific information regarding the reportable transaction in which the taxpayer has participated.
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