Instructions For Form 1128 - Application To Adopt, Change, Or Retain A Tax Year (Page 3 of 9) in pdf

Exempt organizations requesting a

CFC or 10/50 corporation must be

should not complete the “Paid

ruling should send Form 1128 and

signed by an authorized officer of the

Preparer's Use Only” section.

any applicable user fee to:

designated (controlling domestic)

Specific Instructions

shareholder that retains the jointly

Internal Revenue Service

executed consent as provided for in

1973 N Rulon White Blvd

Regulations section 1.964-1(c)(3)(ii).

Part I—General

M/S 6273

A schedule listing the name(s) and

Information

Ogden, Utah 84201

identifying number(s) of the controlling

All applicants must complete Part I.

domestic shareholder(s) must be

You can inquire about the status of

Attachments to Form 1128 must show

attached to the application. Also, the

an application for exempt

the applicant's name, identifying

controlling domestic shareholder(s)

organizations by calling

number, and the address. Also

must satisfy the requirements of

877-829-5500.

indicate that the statement is an

Regulations section 1.964-1(c)(3). If

attachment to Form 1128.

the designated (controlling domestic)

Who Must Sign

shareholder is a member of a

Name

Except as discussed below (regarding

consolidated group, then an

In general, the filer of the form is the

authorized officer of the common

automatic approval requests filed on

applicant. If filing a joint return, include

behalf of a CFC or 10/50 corporation),

parent must sign. Do not sign the

the names of both spouses. If the

Form 1128 must be signed by the filer

copy of Form 1128 filed with the

applicant is a corporation,

income tax return.

as discussed below. A valid signature

partnership, estate, trust, or

by the individual or an officer of the

Automatic approval request. An

tax-exempt organization, etc., enter

organization is required on Form

automatic ruling request application

the name of the entity or organization.

1128. If the form does not have a valid

that is filed on behalf of a CFC or

signature, it will not be considered.

Filer different from applicant. For

10/50 corporation does not have to be

members of a consolidated group of

signed. However, the controlling

Individuals

corporations and certain foreign

domestic shareholder completing the

If filing a joint return, both spouses

corporations, Form 1128 may be filed

form must satisfy the requirements of

must sign.

on behalf of the applicant. For a

Regulations section 1.964-1(c)(3) and

consolidated group of corporations,

Partnerships

retain the jointly executed consent

enter the name and employer

described in Regulations section

Include the signature, name and title

identification number (EIN) of the

1.964-1(c)(3)(ii).

of a general partner on behalf of a

parent corporation on the first line as

state law partnership, or a

All Other Filers

the filer and enter the name(s) and

member-manager on behalf of a

EIN(s) of the member corporations

If the filer is a corporation, the

limited liability company.

applying for a change in accounting

application must include the signature

Estates

period on the fourth line. For CFCs

of the president, vice president,

and 10/50 corporations, enter the

treasurer, assistant treasurer, or chief

Include the signature, name, and title

name and EIN of the controlling

accounting officer (such as tax officer)

of the fiduciary or other person legally

domestic shareholder(s) (common

authorized to sign, and their official

authorized to sign.

parent, if applicable) on the first line

title. Receivers, trustees, or assignees

Trusts

and the name and EIN, if any, of the

must sign any application they are

Include the signature, name, and title

foreign corporation on the fourth line.

required to file. For a consolidated

If there is more than one filer or

of the fiduciary or other person legally

group filing a consolidated return with

applicant, attach a statement listing

authorized to sign.

its common parent, Form 1128 should

each filer's or applicant's name and

be signed by an authorized officer of

Tax-Exempt Organizations

EIN.

the common parent corporation.

Include the signature, name, and title

Identifying Number

Paid Preparer

of a principal officer or other person

legally authorized to sign.

Individuals enter their social security

Generally, anyone who is paid to

number (SSN). If filing a joint income

prepare Form 1128 must sign it and fill

CFC or 10/50 Corporation

tax return, enter the SSN of both

in the “Paid Preparer Use Only” area.

For a CFC or 10/50 corporation with a

spouses. However, if one or both

The paid preparer must complete the

U.S. trade or business and filing Form

spouses are engaged in a trade or

required information and sign the

1128 as the applicant, follow the same

business and Form 1128 is filed on

return in the space provided for the

rules as other corporations (see

All

behalf of the business, enter the EIN

preparer's signature. However, if the

Other

Filers, later). If the form is being

instead of the SSNs. All other

applicant is requesting automatic

filed on behalf of a CFC or 10/50

applicants enter their EIN.

approval and a copy of Form 1128 is

corporation by its controlling domestic

attached to the income tax return, the

shareholder(s), follow the instructions

You can apply for an EIN online

copy of Form 1128 does not have to

(only for applicants in the United

below for ruling requests and

be signed.

automatic approval requests.

States or U.S. possessions), by

telephone (only for applicants outside

Note. Anyone who prepares Form

Ruling request. A ruling request

of the United States or U.S.

1128 but does not charge a fee

application that is filed on behalf of a

possessions), or by fax or by mail

-3-

Instructions For Form 1128 - Application To Adopt, Change, Or Retain A Tax Year Page 3

Related Articles

Related forms

Related Categories