Instructions For Form 8038-T - Arbitrage Rebate, Yield Reduction And Penalty In Lieu Of Arbitrage Rebate Page 4

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Signature and Consent
regular, full-time employee of the issuer,
retained as long as their contents may
such as a clerk, secretary, etc., should
become material in the administration of
An authorized representative of the issuer
not sign.
any Internal Revenue law. Generally, tax
must sign and date Form 8038-T and any
returns and return information are
Generally, anyone who is paid to
applicable certification. Also print the
confidential, as required by section 6103.
prepare a return must sign it and fill in the
name and title of the person signing Form
other blanks in the Paid Preparer Use
The time needed to complete and file
8038-T. The authorized representative of
Only area of the return.
this form will vary depending on individual
the issuer signing this form must have the
circumstances. The estimated average
authority to consent to the disclosure of
The paid preparer must:
time is:
the issuer’s return information, as
Sign the return in the space provided
necessary to process this return, to the
for the preparer’s signature (a facsimile
Recordkeeping . . . . . . . . . 10 hr., 16 min.
person(s) that has been designated in
signature is acceptable),
Learning about the law or the
Form 8038-T.
Enter the preparer information, and
form . . . . . . . . . . . . . . . . .
5 hr., 37 min.
Give a copy of the return to the issuer.
Note. If authority is granted in line 9 for
Preparing, copying,
assembling, and sending the
the IRS to communicate with a person
Paperwork Reduction Act Notice. We
form to the IRS . . . . . . . . . .
7 hr., 14 min.
other than an officer or other employee of
ask for the information on this form to
the issuer, by signing this form, the
If you have comments concerning the
carry out the Internal Revenue laws of the
issuer’s authorized representative
United States. You are required to give us
accuracy of these time estimates or
consents to the disclosure of issuer’s
suggestions for making this form simpler,
the information. We need it to ensure that
return information, as necessary to
you are complying with these laws and to
we would be happy to hear from you. You
process this return, to such person.
can write to the Internal Revenue Service,
allow us to collect the right amount of
Paid Preparer
Tax Products Coordinating Committee,
arbitrage rebate, yield reduction
payments, and penalties.
SE:W:CAR:MP:T:T:SP, 1111 Constitution
If an authorized officer of the issuer filled
Ave. NW, IR-6526, Washington, DC
You are not required to provide the
in its return, the paid preparer’s space
20224. Do not send the form to this
information requested on a form that is
should remain blank. Anyone who
address. Instead, see Where To File
subject to the Paperwork Reduction Act
prepares the return but does not charge
earlier.
unless the form displays a valid OMB
the organization should not sign the
control number. Books or records relating
return. Certain others who prepare the
to a form or its instructions must be
return should not sign. For example, a
-4-

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