Form 843 is commonly used to request a refund of taxes assessed and paid. It can also be used to request abatement of penalties and interest assessed by mistake. Form 843 can be used in many situations, such as when you have a poor record of filing taxes or making tax deposits. Here is everything about the IRS 843 Form.
Form 843 is commonly used by individuals to claim a refund of tax, interest, or fees that they’ve paid or to request a refund of assessed taxes. However, this tax refund request is only valid if the fees or penalties were incorrectly withheld or caused by an IRS error. Additionally, people may file the IRS 843 Form to request a reduction or abatement of penalties for improperly written IRS advice.
The IRS requires taxpayers to file Form 843 within three years of filing their tax returns. However, some claims may be exempt. In such cases, taxpayers should attach relevant documentation to support their claims.
Where and How to File Form 843?
Form 843 should be sent to the IRS service center nearest to you. Make sure you submit the form within three years of the date you paid your taxes. If you have received multiple penalty notices, you should file separate forms. Ensure the form includes the Internal Revenue Code section number on your penalty notice.
Once you have filled out the information on Form 843, make sure to sign and date it. You should also mention the name of the person who prepared the form. In addition, you need to complete item 7 of the form, which requires you to state the tax periods that you have overpaid or underpaid. You do not need to file separate forms for each taxable period.
Form 843 Instructions
The Instructions for Form 843 explain the process of filing this tax form:
- You must ensure that your information is accurate.
- You need to sign and date the form. You must also mention who prepared the form at the end of the form.
- You need to mail the completed form to the address provided in the instructions. You should note that your address depends on whether you are responding to a notice or requesting a refund.
If you want to claim a deduction for your taxes, you can file Form 843 by mail. To file Form 843, you will need to submit two documents. One is the tax return, while the other is Form 843. When filing a Form 843, make sure that you include your address as the address where you received the notice. The address of the IRS service center where you typically mail your tax return should also be included in the envelope.