What happens if I don't provide the requested information on my tax return?

If you do not provide the required information, you may forfeit any refund of interest otherwise owed to you and/or be subject to penalties.

Can I file a civil or criminal litigation with the Department of Justice?

The Department of Justice represents the federal government in civil and criminal litigation. If you need legal assistance, you should contact a private attorney.

How can I file a complaint with the National Taxpayer Advocate?

You may file a complaint with the National Taxpayer Advocate by mail, email, or phone. The contact information is available on their website at .

What is the purpose of a look-back method for computing interest?

The look-back method computes interest based on the total amount of underpayments or overpayments of tax during the applicable redetermination year. It allows taxpayers to avoid double interest charges by taking into account both prior and subsequent periods of time.

What is the purpose of the Paperwork Reduction Act?

The Paperwork Reduction Act requires federal agencies to evaluate the burden imposed on the public by the collection of information, and to minimize that burden whenever possible.

What is the effect of not providing identifying number on my tax return?

Tax returns and return information are confidential, as required by section 6103. If you do not provide your identifying number, you may be subject to penalties.

How can I learn about my rights under the Privacy Act?

You may contact the Privacy Act Office at the Department of Health and Human Services, or visit their website at for information on your rights under the Privacy Act.

Form 8697

Fill out this form

Chat with document

Create Web Form

Interest Computation Under the Look-Back Method for Completed Long-Term Contracts

Rev. November 2018

Form 8697 instructions for computing interest on underpayments or overpayments of alternative minimum tax (AMT) and regular tax for prior years due to differences between actual contract prices and estimated prices. This form is used when a taxpayer has had income from contracts that were not completed until after February 1986, and the reported amounts were based on estimated prices instead of actual prices.

Instructions

Form 8697 Instructions - Instructions for Form 8697, Interest Computation Under the Look-Back Method for Completed Long-Term Contracts

Search tags

FAQ

What happens if I don't provide the requested information on my tax return?
If you do not provide the required information, you may forfeit any refund of interest otherwise owed to you and/or be subject to penalties.
Can I file a civil or criminal litigation with the Department of Justice?
The Department of Justice represents the federal government in civil and criminal litigation. If you need legal assistance, you should contact a private attorney.
How can I file a complaint with the National Taxpayer Advocate?
You may file a complaint with the National Taxpayer Advocate by mail, email, or phone. The contact information is available on their website at <https://www.taxadvocate.irs.gov/contact-us/>.
What is the purpose of a look-back method for computing interest?
The look-back method computes interest based on the total amount of underpayments or overpayments of tax during the applicable redetermination year. It allows taxpayers to avoid double interest charges by taking into account both prior and subsequent periods of time.
What is the purpose of the Paperwork Reduction Act?
The Paperwork Reduction Act requires federal agencies to evaluate the burden imposed on the public by the collection of information, and to minimize that burden whenever possible.
What is the effect of not providing identifying number on my tax return?
Tax returns and return information are confidential, as required by section 6103. If you do not provide your identifying number, you may be subject to penalties.
How can I learn about my rights under the Privacy Act?
You may contact the Privacy Act Office at the Department of Health and Human Services, or visit their website at <https://www.hhs.gov/privacy/index.html> for information on your rights under the Privacy Act.

HOW TO

How to fill out Form 8697 for free, online in 3 easy steps:

1
Open form template in editor
Click on the “Get this template” button.
2
Fill out Form 8697
Wait a moment and you will be redirected to our online PDF Filler app.
3
Download file
Download your completed Form 8697 for free. You can also save it to a cloud storage.

ABOUT

Federal tax forms

Form 8697 is one of Federal tax forms that are documents used to report and file federal income taxes with the Internal Revenue Service (IRS) in the United States. These forms are used by individuals, businesses, and organizations to report their income, deductions, and other relevant information necessary for calculating their federal tax liability.

The most commonly used federal tax form is the Form 1040, which is used by individual taxpayers to report their personal income tax. Other commonly used forms include the Form 1065 for partnerships, Form 1120 for corporations, and Form 990 for tax-exempt organizations.

Federal tax forms typically require taxpayers to report various sources of income, such as wages, salaries, and tips, as well as income from investments, rental properties, and other sources. The forms also allow taxpayers to claim deductions and credits for various expenses, such as charitable contributions, mortgage interest, and healthcare expenses.

It is important to file federal tax forms accurately and on time, as failure to do so can result in penalties and interest charges from the IRS.

FEATURES

PDF Filler

The easiest way to fill Form 8697 online

Quickly fill out Form 8697
Looking for a way to quickly fill Form 8697 online? With our online free PDF form filler, you’ll know how to how to edit and fill this pdf document in less than a minute.
Easy to use online PDF editor
Fed up with printing out PDF files so you can edit them, before rescanning and sending them back? Edit PDF documents for free online. Use our online pdf editor to save time and paper.
Great tools, all platforms
Wondering how to fill in Form 8697 on a Mac, or maybe how to use a PDF filler free? Our online PDF tools work on all platforms.
Secure file storage
Completed "Form 8697" files are stored in a secured database managed by Amazon Cloud hosting. You can delete your files from our system anytime. In any case, these files are automatically deleted after 24 hours.
Chat with Form 8697
Chat with "Form 8697" on Chatize that is a free PDF reader assistant. Ask questions and get answers from "Form 8697". Just click on Chat With Document button above.

Products

Docs

Websites

About