Form 8508-I - Request For Waiver From Filing Information Returns Electronically Page 3

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Form 8508-I (Rev. 11-2015)
General Instructions
2 IGA. Waiver requests will be processed beginning
January 1st of the calendar year the return is due.
Paperwork Reduction Act Notice. We ask for the
How to file
information on this form to carry out the Internal Revenue
laws of the United States. You are not required to
Mail to: Internal Revenue Service
provide the information requested on a form that is
FATCA, Stop 6052 AUSC
subject to the Paperwork Reduction Act unless the form
3651 South IH 35
displays a valid OMB control number. Books or records
Austin, Texas 78741
relating to a form must be retained as long as their
For further information concerning the filing of Form 8966
contents may become material in the administration of
to the IRS electronically
to the current
any Internal Revenue law. Generally, tax returns and
5124, Foreign Account Tax Compliance Act (FATCA) XML
return information are confidential, as required by Code
User Guide; Publication 5188, FATCA Metadata XML
section 6103.
Schema User Guide; and Publication 5190, International
Data Exchange Services User Guide, on how to populate
The time needed to provide this information would vary
the fields for the electronic Form 8966. The following
depending on individual circumstances. The estimated
address contains information regarding FATCA XML
average time is:
Schemas and Business Rules for Form 8966
Learning about the law and the form
. . 12 min.
. . . . . . . . 3 hrs., 49 min.
Preparing the form
Additional information concerning Form 8508-I can be
. . . . . . . . . 16 min.
found on IRS.GOV at the following address
If you have comments concerning the accuracy of
these time estimates or suggestions for making this form
simpler, we would be happy to hear from you. You can
Penalty. If you are required to file electronically but fail to
write to the Internal Revenue Service, Tax Forms and
do so and you do not have an approved waiver on record,
Publications Division, 1111 Constitution Ave. NW,
penalties under Code sections 6721 through 6724 may
IR-6526, Washington, DC 20224.
Do not send the forms to this office. Instead, see the
instructions, later, on how to file.
Specific Instructions
When completing this form, type or print clearly in
Tip: For definitions of terms used in these instructions,
BLACK ink.
see the Instructions for Form 8966.
Purpose of form. Use this form to request a waiver from
Line 1. Indicate the type of submission by checking the
filing Form 8966 electronically for the current tax year.
appropriate box. An original submission is your first
After evaluating your request, the IRS will notify you as to
request for a waiver for the current year. A
whether your request is approved or denied.
reconsideration indicates that you are submitting
Who should file. Filers who are requesting a waiver from
additional information to the IRS that you feel may reverse
filing Form 8966 electronically should file this form. See
a denial of an original request.
Treasury regulations section 301.1474-1(a). Submit a
Lines 2 through 4c. Enter the filer's name and complete
separate form for each filer that is requesting a waiver
mailing address, including the country and postal code.
from electronic filing. For purposes of this request, if you
Use the name and address where you want
are a Sponsoring Entity filing on behalf of your Sponsored
correspondence sent. If the filer's post office does not
Entities, you are the filer and should submit one request
deliver mail to a street address and the filer has a post
for all of your Sponsored Entities listed on line 7. If you
office box, enter the filer's post office box number instead
are requesting a waiver from electronic filing of Form
of the filer's street address. A Direct Reporting NFFE, a
8966 both on behalf of yourself and with respect to
Sponsoring Entity filing on behalf of a Sponsored FFI or a
reporting on behalf of a Sponsored Entity, you must
Sponsored Direct Reporting NFFE, or a trustee filing on
submit separate requests.
behalf of a Trustee-Documented Trust must identify itself
Note: Entities that are located in a Model 1 jurisdiction
as the filer and provide its identifying information on lines
and reporting on behalf of themselves (or any entities that
2 through 4c. Sponsored FFIs, Sponsored Direct
are reporting on behalf of another entity that is located in
Reporting NFFEs, and Trustee-Documented Trusts are
a Model 1 jurisdiction) may not request a waiver from
identified on line 7.
electronic filing of Form 8966 from the IRS because they
Line 5. If the filer has been assigned a GIIN by the IRS,
must report directly to the Model 1 jurisdiction's tax
enter it on line 5. A Sponsoring Entity or trustee filing on
behalf of a Sponsored FFI, Sponsored Direct Reporting
Filing Instructions
NFFE, or Trustee-Documented Trust, as applicable,
should enter the GIIN it received when it registered as a
When to file. You should file Form 8508-I at least 45 days
Sponsoring Entity or trustee, not a separate GIIN (if any) it
before the due date of the Form 8966. Form 8966 is due
received when it registered as a PFFI or RDC FFI. A
March 31 of the year following the reporting year, unless
Sponsoring Entity or trustee requesting a waiver from
you are an FFI reporting under a Model 2 IGA with a
filing Form 8966 electronically on its own behalf should
different reporting date specified in the applicable Model


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