Fillable Form 8893 - Election Of Partnership Level Tax Treatment (Page 2 of 2) in pdf

Form 8893 (Rev. 9-2017)

Page

What’s New

Signing the Form

The election made with this form is available only for partnership

Each partner who was a partner in the partnership during the

tax years beginning before January 1, 2018, and for tax years in

tax year for which the election is filed must sign the form. This

which no election under Temporary Regulations section

includes all partners during the year, not just those who are

301.9100-22T is in effect.

partners at the end of the year.

A husband and wife are generally considered as one partner,

General Instructions

and should both sign the election. Corporate partners should

name the corporation, with the signature of the appropriate

Section references are to the Internal Revenue Code unless

corporate officer. Attach a continuation sheet if more signature

otherwise noted.

space is needed.

Purpose of Form

Paperwork Reduction Act Notice

Form 8893 is used only by small partnerships electing the

unified audit and litigation procedures as set forth in section

We ask for the information on this form to carry out the Internal

6231(a)(1)(B)(ii) (prior to amendment by BBA). A “small

Revenue laws of the United States. You are required to give us

partnership” is defined as any partnership having 10 or fewer

the information. We need it to ensure that you are complying

partners each of whom is an individual (other than a nonresident

with these laws and to allow us to figure and collect the right

alien), a C corporation, or an estate of a deceased partner. For

amount of tax.

this purpose, a husband and wife (and their estates) are treated

You are not required to provide the information requested on

as one partner.

a form that is subject to the Paperwork Reduction Act unless

How To File

the form displays a valid OMB control number. Books or

records relating to a form or its instructions must be retained as

This form must be attached to the partnership return for the tax

long as their contents may become material in the

year shown and must be filed by the due date of the return

administration of any Internal Revenue law. Generally, tax

(including extensions). If the partnership files Form 1065 on

returns and return information are confidential, as required by

time, the election can be made on an amended return filed no

section 6103.

later than 6 months after the due date (excluding extensions) of

The time needed to complete and file this form will vary

the original return. Write “FILED PURSUANT TO SECTION

depending on individual circumstances. The estimated burden

301.9100-2” in the top margin of the amended return and file it

for business taxpayers filing this form is approved under OMB

at the same address the original return was filed.

control number 1545-0123 and is included in the estimates

The election will be effective for the partnership tax year to

shown in the instructions for their business income tax return.

which the return relates and all subsequent tax years unless

revoked with IRS consent. However, the election will not be

effective for tax years beginning after 2017. A revocation of the

election can be requested by filing Form 8894, Request to

Revoke Partnership Level Tax Treatment Election.

Form 8893 - Election Of Partnership Level Tax Treatment Page 2

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