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Form 926

  1. Country USA
  2. Language English
  3. Activity Taxes
  4. Department Internal Revenue Service
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Form 926

Return by a U.S. Transferor of Property to a Foreign Corporation

Rev. November 2018

Form 926 is an IRS tax form used to report transactions between a U.S. person and a foreign corporation, including transfers of property, gains recognized, and certain other information. The form includes instructions for completing Part I (General Information), Part II (Gain from the Sale or Exchange of Property), Part III (Property Transferred Other than Intangible Property Subject to Section 367(d)), and Part IV (Additional Information Regarding Transfer of Property).

Instructions

  • Form 926 Instructions - Instructions for Form 926, Return by a U.S. Transferor of Property to a Foreign Corporation

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FAQ
  • Is Form 926 a public document?

    No, Form 926 is not publicly available. The information contained in the form is confidential and is only shared with the IRS or other authorized government agencies.

  • What is Form 926 used for?

    Form 926, U.S. Transfer Pricing Documentation, is used by taxpayers to provide the Internal Revenue Service (IRS) with required documentation regarding certain international transactions and related income items.

  • Who is required to file Form 926?

    Taxpayers who engage in certain international transactions that are subject to the transfer pricing rules under Subchapter C of Chapter 1 of the Internal Revenue Code (IRC) are required to file Form 926.

  • What information is required on Form 926?

    Form 926 requires taxpayers to report various details about their international transactions, including the names and jurisdictions of the parties involved, a description of the transactions, and any associated transfer pricing methods and documentation.

  • What is the due date for filing Form 926?

    Form 926 must be filed with the IRS no later than the statutory filing deadline for the taxpayer's income tax return for the year in which the international transactions took place.

  • What are the penalties for failing to file Form 926?

    Taxpayers who fail to timely file Form 926 may be subject to penalties under IRC section 67(g) and Regulations section 1.6081-1, which can include fines, interest on underpaid taxes, and denial of certain tax benefits.

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ABOUT

Federal tax forms

Form 926 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.

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