Rev. February 2021
Form 15254 is used by partnerships to request the Internal Revenue Service (IRS) to revoke a previously made section 754 election. Partnerships must provide reasons for seeking revocation, such as substantial administrative burden, change in business nature or assets, or avoidance of reduction in basis of partnership assets under sections 734(b) and 743(b). The IRS will notify the partnership of approval or denial of the request.
Form 15254 is one of Tax forms that are documents used to report information related to taxes to the relevant tax authority. There are various types of tax forms, including federal, state, and local tax forms, which can vary depending on the taxpayer's circumstances and location.
The easiest way to fill Form 15254 online
Delete filling session
Delete editing session
