Instructions For Form 8038-G - 2012 (Page 4 of 4) in pdf

Regulations section 1.141-12 or other

Note. If the issuer in Part 1, lines 3a and

You are not required to provide the

remedial actions authorized by the

3b authorizes the IRS to communicate

information requested on a form that is

Commissioner under Regulations section

(including in writing and by telephone) with

subject to the Paperwork Reduction Act

1.141-12(h).

a person other than an officer or other

unless the form displays a valid OMB

employee of the issuer, by signing this

control number. Books or records relating

Line 44. Check the box if the issuer has

form, the issuer's authorized

to a form or its instructions must be

established written procedures to monitor

representative consents to the disclosure

retained as long as their contents may

compliance with the arbitrage, yield

of the issuer's return information, as

become material in the administration of

restriction, and rebate requirements of

necessary to process this return, to such

any Internal Revenue law. Generally, tax

section 148.

person.

returns and return information are

Line 45a. Check the box if some part of

confidential, as required by section 6103.

Paid Preparer

the proceeds was used to reimburse

The time needed to complete and file

If an authorized officer of the issuer filled in

expenditures. Figure and then enter the

this form varies depending on individual

this return, the paid preparer's space

amount of proceeds that are used to

circumstances. The estimated average

should remain blank. Anyone who

reimburse the issuer for amounts paid for

time is:

prepares the return but does not charge

a qualified purpose prior to the issuance of

the organization should not sign the

the bonds. See Regulations section

return. Certain others who prepare the

1.150-2.

Learning about the law or

2 hr., 41 min.

return should not sign. For example, a

the form

. . . . . . . . . . .

Line 45b. An issuer must adopt an official

regular, full-time employee of the issuer,

Preparing, copying,

3 hr., 3 min.

intent to reimburse itself for preissuance

assembling, and sending

such as a clerk, secretary, etc., should not

expenditures within 60 days after payment

the form to the IRS

sign.

. . . .

of the original expenditure unless

excepted by Regulations section

If you have comments concerning the

Generally, anyone who is paid to

1.150-2(f). Enter the date the official intent

accuracy of these time estimates or

prepare a return must sign it and fill in the

was adopted. See Regulations section

suggestions for making this form simpler,

other blanks in the Paid Preparer Use Only

1.150-2(e) for more information about

we would be happy to hear from you. You

area of the return.

official intent.

can write to the Internal Revenue Service,

The paid preparer must:

Tax Products Coordinating Committee,

Signature and Consent

Sign the return in the space provided for

SE:W:CAR:MP:T:M:S, 1111 Constitution

the preparer's signature (a facsimile

An authorized representative of the issuer

Ave. NW, IR-6526, Washington, DC

signature is acceptable),

must sign Form 8038-G and any

20224. Do not send the form to this office.

Enter the preparer information, and

applicable certification. Also print the

Instead, see Where To File.

name and title of the person signing Form

Give a copy of the return to the issuer.

8038-G. The authorized representative of

the issuer signing this form must have the

Paperwork Reduction Act Notice. We

authority to consent to the disclosure of

ask for the information on this form to carry

the issuer's return information, as

out the Internal Revenue laws of the

necessary to process this return, to the

United States. You are required to give us

person(s) that have been designated in

the information. We need it to ensure that

Form 8038-G.

you are complying with these laws.

-4-

Instructions For Form 8038-G - 2012 Page 4

Related Articles

Related forms

Related Categories