Form 921-P - Consent Fixing Period Of Limitation On Assessment Of Income And Profits Tax Page 2
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1
2Instructions for Taxpayer(s)
Please sign and return the original and copy of Form 921-P, Consent Fixing Period of Limitation On Assessment of
Income and Profits Tax, to apply for a consent in accordance with Revenue Procedure 92-29 and its successors.
1. The consent generally applies to partnership returns filed for partnership tax years beginning after September 3, 1982.
Other entities (those not subject to the unified audit and litigation procedures for TEFRA partnerships) must
use Form 921-I.
2. The consent may be signed for the partnership in the appropriate space by either:
a. The Tax Matters Partner for the partnership for the year(s) covered by the consent, or
b. any other person authorized by the partnership in writing to sign the consent (see item 5 below).
3.
If the Tax Matters Partner is not an individual and the consent is signed by a person acting in a representative
capacity for the Tax Matters Partner, for example, the trustee of a trust, the declaration above the signature line for
the Tax Matters Partner refers to the bankruptcy of the Tax Matters Partner, not the person who actually signed the
consent.
4.
If the Tax Matters Partner has filed a joint return with his or her spouse for the taxable years(s) covered by the
consent and the consent is signed by the Tax Matters Partner, the declaration above the signature line for the Tax
Matters Partner refers to the bankruptcy of either spouse, not just to the person who actually signed the consent.
5.
If the consent is signed by any person other than the Tax Matters Partner, a copy of the written authorization
from the partnership must be attached to the consent. The information that must be included in the authorization is
described in Temporary Regulations 301.6229(b)-l and is listed below. The written authorization must:
a. Provide that it is an authorization for a person other than the Tax Matters Partner to extend the assessment
period with respect to all partners.
b. Identify the partnership and the person being authorized by name, address, and taxpayer identification number.
c. Specify the partnership tax year or years for which the authorization is effective, and
d. Include the signatures of all persons who were general partners at any time during the year or years for which
the authorization is effective.
Instructions for Internal Revenue Service Employees
The signature and title line must be signed and dated by the appropriate authorized official within your division.
SMALL BUSINESS/SELF-EMPLOYED DIVISION
Enter the name and title of your business unit executive (e.g., Area Director; Director, Compliance Policy; or Director,
Compliance Services). Secure signature of authorized division official.
WAGE AND INVESTMENT DIVISION
Enter the name and title of your business unit executive (e.g., Area Director or Director, Field Compliance Services).
Secure signature of authorized division official.
LARGE AND MID-SIZE BUSINESS ENTITIES DIVISION
Enter the name and title of your business unit executive (e.g., Director, Field Compliance). Secure signature of
authorized division official.
TAX EXEMPT AND GOVERNMENT ENTITIES DIVISION
Enter the name and title of your business unit executive (e.g., Director, Exempt Organizations; Director, Employee
Plans; Director, Federal, State and Local Governments; Director, Indian Tribal Governments; or Director, Tax Exempt
Bonds). Secure signature of authorized division official.
APPEALS DIVISION
Enter the name and title of your business unit executive (e.g., Director, Appeals Operating Unit). Secure signature of
authorized division official.
Catalog Number 32811X
921-P (
Form
10-2001)
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