Election of Partnership Level Tax Treatment
For partnership tax years beginning before January 1, 2018.
OMB No. 1545-0123
(Rev. September 2017)
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Department of the Treasury
For tax year beginning
, and ending
Internal Revenue Service
Name of partnership
Employer identification number
Number, street, and room or suite no. If a P.O. box, see the instructions.
City or town, state or province, country, and ZIP or foreign postal code
Election—Available only for partnership tax years beginning before January 1, 2018
We, the partners of the above named partnership, elect to have the provisions of subchapter C of chapter 63 of the
Internal Revenue Code (prior to the amendment by the Bipartisan Budget Act of 2015 (BBA)) apply with respect to this
partnership. This election will subject the partnership to the unified audit and litigation procedures of sections 6221
through 6234 (prior to amendment by BBA). We understand that this election is revocable only with IRS consent. All
partners who were members of the partnership at any time during the tax year shown above have signed this form.
All partners who were partners at any time during the tax year shown above must sign below.
Under penalties of perjury, I declare that I was a partner during the tax year as stated above and my signature
confirms my agreement with the request for election. I have examined this consent statement, and to the best of my
knowledge and belief, it is true, correct, and complete.
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Cat. No. 37701Y