Changes to Current Tax Forms, Instructions, and Publications | |||||||||||||||||
You can also download the compressed (zipped) versions of the tables for the following prior years: 2002, 2001, 2000, 1999, 1998, 1997, 1996, 1995, and 1994. --07-JAN-2009 Caution — Correction to the 2008 Instructions for Schedule D (Form 1120S)If you downloaded the Instructions for Schedule D (Form 1120S) before December 24, 2008, please note the following changes. On page 1, we added the following "What's New" item:
On page 4, we added instructions for line 20. --24-DEC-2008 Caution — Correction to the 2009 Publication 15-B, Employer's Tax Guide to Fringe BenefitsIf you downloaded the 2009 Publication 15-B, Employer's Tax Guide to Fringe Benefits, before December 18, 2008, please note the following change.
The corrected version of the 2009 Publication 15-B, Employer's Tax Guide to Fringe Benefits, is now available for download. --23-DEC-2008 Caution — Correction to the 2008 Instructions for Form 940.If you downloaded the 2008 Instructions for Form 940 before December 19, 2008, please note the following change. --19-DEC-2008 Caution — Change to the 2009 Form 1099-H, Health Coverage Tax Credit (HCTC) Advance PaymentsIf you downloaded the 2009 Form 1099-H before December 19, 2008, please note the following correction. --19-DEC-2008 Notice 1036 is Now AvailableNotice 1036 includes the early release copies of the percentage method tables that will appear in Publication 15 (Circular E), Employer's Tax Guide (For use in 2009). The following tables will be effective for wages paid in 2009.
Beginning with this revision of Notice 1036, only the percentage method tables are included in Notice 1036. Pub. 15 (Circular E) including the wage bracket tables will be available on the IRS website in December. --17-DEC-2008 Caution — Correction to the 2008 Form 4797, Sales of Business PropertyIf you downloaded the 2008 Form 4797, Sales of Business Property before December 10, 2008, please note the following change. On page 1, Part II, line 14, the reference to Form 4684 has been corrected. The correct line reference is: Net gain or loss from Form 4684, lines 37 and 44. The corrected version of the 2008 Form 4797 Sales of Business Property , is now available for download. --15-DEC-2008 Caution — Correction to Publication 509, Tax Calendars (For use in 2009)If you downloaded Publication 509 (For use in 2009) before November 26, 2008, please note the following changes. On page 3 under "Federal holidays," the date for Independence Day is changed to July 3. On page 11, Table 2 is changed to show July 6 as the due date for payroll dates June 27-30. The corrected version of Publication 509, Tax Calendars (For use in 2009), is now available for download. --01-DEC-2008 Caution — Change to Publication 541, Partnerships (Rev. April 2008)If you downloaded Publication 541, Partnerships (Rev. April 2008) before November 20, 2008, please note the following correction. On Page 3, in the last paragraph of the first column, under "Husband-wife partnership," the requirement listed in the second-bullet item regarding the filing status of the husband and wife should be "married filing jointly" (not "married filing separately"). The corrected version of Publication 541 is now available for download. --01-DEC-2008 Election to Accelerate Minimum Tax and Research Credits in Lieu of Special Depreciation Allowance for 2007 Fiscal Years Ending After March 31, 2008Section 3081 of the Housing and Economic Recovery Act of 2008 provides that a corporation can elect to accelerate its use of unused carryforwards of the minimum tax credit and the research credit from tax years beginning before 2006 and obtain a refundable credit in lieu of the special depreciation allowance on eligible qualified property. If the election is made, the corporation must do the following:
Fiscal year 2007 corporations should not make the election and claim the refundable credit on their original return but rather on an amended return filed later. Corporations who intend to make the election and claim the refundable credit on an amended 2007 return can claim the special depreciation allowance deduction on their original 2007 return for eligible qualified property so long as such property is within a class of property for which the corporation did not make the election out of special depreciation allowance under section 168(k)(2)(D)(iii). In general, eligible qualified property is qualified property under section 168(k)(2) that is acquired after March 31, 2008, and placed in service before January 1, 2009. For more information on eligible qualified property, see Revenue Procedure 2008-65. Use the Worksheet for Calculating the Refundable Minimum Tax Credit and Research Credit Amounts to calculate the refundable minimum tax credit and research credit amounts. --28-NOV-2008 Caution -- Change to the 2008 Publication 225, Farmer's Tax GuideIf you downloaded the 2008 Publication 225 before November 26, 2008, please note the following changes. On pages 2 and 66 under "Federally declared disasters," item 2 of the numbered list has been changed to read as follows to reflect the correct line number for the worksheet: "You can deduct a net disaster loss even if you do not itemize your deductions on Schedule A (Form 1040). You do this by completing Form 4684 and entering your net disaster loss on line 6 of the Standard Deduction Worksheet-Line 40 in the Form 1040 instructions." The corrected version of the 2008 Publication 225, Farmer's Tax Guide, is now available for download. --26-NOV-2008 Caution -- Change to the 2008 Instructions for Schedule SE (Form 1040), Self-Employment TaxIf you downloaded the 2008 Instructions for Schedule SE (Form 1040), Self-Employment Tax before November 20, 2008, please note the following change. On page SE-2, under the paragraph heading "Rental real estate," the last three sentences have been deleted and the heading was modified to "Rental real estate business." The corrected version of the 2008 Instructions for Schedule SE (Form 1040), is now available for download. --22-NOV-2008 Caution -- Change to the 2008 Instructions for Schedule F (Form 1040), Profit or Loss From FarmingIf you downloaded the 2008 Instructions for Schedule F (Form 1040), Profit or Loss From Farming, before November 21, 2008, please note the following changes. On page F-1, under "What's New," the paragraph titled "Differential wage payment credit" has been deleted. On page F-2, under "Other Schedules and Forms You May Have To File," the bullet item referencing Form 8932 has been deleted. On page F-6, under "Line 24," the line numbers for the various salary and wage credits have been revised as follows.
The corrected version of the 2008 Instructions for Schedule F (Form 1040), is now available for download. --22-NOV-2008 Caution -- Change to the 2008 Schedule C (Form 1040), Profit or Loss From BusinessIf you downloaded the 2008 Schedule C (Form 1040), Profit or Loss From Business before November 21, 2008, please note the following changes. On line 31 and line 32, the phrase "as a statutory employee" has been deleted from the first bullet. The corrected version of the 2008 Schedule C (Form 1040), Profit or Loss From Business, is now available for download. --22-NOV-2008 Caution -- Change to the 2008 Instructions for Schedule C (Form 1040), Profit or Loss From BusinessIf you downloaded the 2008 Instructions for Schedule C (Form 1040), Profit or Loss From Business before November 21, 2008, please note the following changes. On Page C-1, under What's New, the paragraph titled "Differential wage payment credit" has been deleted. On Page C-2, Form 8932 has been deleted from the list of Other Schedules and Forms You May Have To File. On Page C-2, under Rental real estate business, the paragraph titled "Reporting exemption from self-employment tax" has been deleted. On Page C-4, under Line 1, The paragraph titled "Qualified joint ventures reporting only rental real estate income" was added. On Page C-7, under Line 26, the line numbers for the various salary and wage credits have been revised as follows.
On Page C-7, under Line 31, the discussion on Rental real estate activity has moved to the next page. On page C-7 under Line 31, the heading Statutory employees is changed to Statutory employees and qualified joint ventures reporting only rental real estate income not subject to self-employment tax. The corrected version of the 2008 Instructions for Schedule C (Form 1040), Profit or Loss From Business, is now available for download. --22-NOV-2008 Notice -- Extension of Air Transportation Taxes and Aviation Fuel Tax Rates and Credit Rates Through March 31, 2009 (Effect on Fiscal Year Filers of Form 4136)When filing the 2008 Form 4136, Credit for Federal Tax Paid on Fuels, please note the following change. Aviation fuel rates are now scheduled to change after March 31, 2009. The second rate shown in the Rate column for lines 2a--2c, 5b, 5d, 8a, 8c, 8e, and 13c does not apply until April 1, 2009. Figure your credit on Form 4136 using the first rate shown in the Rate column for fuels purchased or sold before April 1, 2009. We expect Congress to take additional legislative action before April 1, 2009. To find out if additional legislation is enacted, monitor the news media or check back here for updates. --21-NOV-2008 New Due Date for Furnishing Certain Information Returns to RecipientsPublic Law 110-343, Division B, section 403, changed the due date for furnishing Copy B of certain information returns to recipients for returns required to be filed after 2008. The new due date is February 15 of the year following the calendar year for which the return is required to be filed. This change applies to Form 1099-B, Proceeds From Broker and Barter Exchange Transactions, and Form 1099-S, Proceeds From Real Estate Transactions. This change also applies to Form 1099-MISC, Miscellaneous Income, but only if substitute payments in lieu of dividends and tax-exempt interest or payments to attorneys are reported. An incorrect due date is printed in the 2008 General Instructions for Forms 1099, 1098, 5498, and W-2G, and in the instructions on the reverse side of Copy C of the 2008 Forms 1099-B, 1099-MISC, and 1099-S. The correct due date for furnishing the 2008 Copy B to recipients is as follows.
--05-NOV-2008 Life Insurance CompaniesRev. Rul. 2008-37 (Internal Revenue Bulletin 2008-28, July 14, 2008) requires life insurance companies to determine statutory reserves based on the annual statement that (1) is filed with the state of domicile, or (2) reflects the highest aggregate reserves for all states in which the life insurance company does business. A life insurance company filing a 2007 Form 1120-L, U.S. Life Insurance Company Income Tax Return, on or after September 25,2008, is required to provide the following information as an attachment to the tax return.
If a life insurance company has already filed its 2007 Form 1120-L, it is not required to file an amended tax return. However, it must provide the above information to the Internal Revenue Service upon request. --25-SEP-2008 Caution — Change to Form 706, U.S. Estate Tax Return (Rev. August 2008)If you downloaded the Form 706 (Rev. August 2008) before September 11, 2008, please note the following corrections.
The corrected version of Form 706, U.S. Estate Tax Return (Rev. August 2008), is now available for download. --18-SEP-2008 New Form 8931, Agricultural Chemical Security Credit, ReleasedPublic Law 110-246, allows eligible agricultural businesses to claim a new general business credit, the agricultural chemical security credit, under new section 45O of the Internal Revenue Code. Eligible agricultural businesses are businesses that: (1) sell retail agricultural products (including specified agricultural chemicals) predominantly to farmers and ranchers; or (2) manufacture, formulate, distribute, or aerially apply specified agricultural chemicals. Eligible agricultural businesses will claim the credit for qualified chemical security expenses on new Form 8931, Agricultural Chemical Security Credit. A qualified chemical security expense is any amount paid or incurred after May 22, 2008, by an eligible agricultural business for the purpose of protecting specified agricultural chemicals. Fiscal year entities with a tax year beginning in 2007 and ending after May 22, 2008, with qualified agricultural chemical security expenditures paid or incurred during such tax year, can report the credit on their 2007 Form 3800, General Business Credit, by including it in the total reported on line 2. Write "ACSC" and the amount of the credit next to line 2. Fiscal year pass-through entities with such expenditures should also include a statement with Schedule K-1 indicating the applicable amount of the credit. Form 8931 now available and may be filed with 2007 fiscal year returns and/or 2008 returns. --12-SEP-2008 updated 10-NOV-2008 Caution — Change to the 2008 Form 1099-R, Distributions from Pensions, Annuities, Retirement or Profit-Sharing Plans, IRAs, Insurance Contracts, etc.If you downloaded the 2008 Form 1099-R before August 26, 2008, please note the following correction. In the instructions for Box 2b on page 5 of the form, Instructions for Recipient (Continued), the second- to-last sentence has been corrected to read as follows: If you are an eligible retired public safety officer who elected to exclude from income distributions from your eligible plan used to purchase certain insurance premiums, the amount shown in box 2a has not been reduced by the exclusion amount. The corrected version of the 2008 Form 1099-R is now available for download. --03-SEP-2008 Caution — Error in Publication 179 (Circular PR), Guía Contributiva Federal Para Patronos PuertorriqueñosIf you downloaded the 2008 Publication 179 before March 18, 2008, please note the following correction: On page 17, the telephone number given in the fourth paragraph should read: "1-800-772-6270." The corrected version of the 2008 Publication 179, Guía Contributiva Federal Para Patronos Puertorriqueños, is now available for download --07-MAY-2008 Notice — Publication 553 is now availablePublication 553 has been posted and is now available online. A printed version will not be issued. Additonally, the information in the Publication 553 is available under Highlights of Recent Tax Changes on the Forms and Publications page and will be continuously updated throughout the year. --07-APR-2008 Caution — Change to the 2007 Publication 590, Individual Retirement Arrangements (IRAs)If you downloaded the 2007 Publication 590 before March 20, 2008, please note the following correction. --28-MAR-2008 Caution — Changes to the 2008 Form W-2, Form W-3 and the Instructions for Forms W-2 and W-3If you downloaded the 2008 Form W-2, Form W-3 or the Instructions for Forms W-2 and W-3 before March 11, 2008, please note the following corrections to the due dates. On Form W-2, page 10, under Due dates, the first two sentences should read, "Furnish Copies B, C, and 2 to the employee generally by February 2, 2009. File Copy A with the SSA by March 2, 2009." On Form W-3, under When to File, the first sentence should read, "Mail any paper Forms W-2 under cover of this Form W-3 Transmittal by March 2, 2009." In the Instructions for Forms W-2 and W-3 -- On page 3, under Furnishing Copies B, C, and 2 to employees, the first sentence should read, "Furnish Copies B, C, and 2 of Form W-2 to your employees, generally, by February 2, 2009." On page 8, under Failure to file correct information returns by the due date, the third, fourth, and fifth sentences should read,
On page 8, under Exceptions to the penalty, the last bullet should read, "Filed corrections of these forms by August 3." On page 8, under Failure to furnish correct payee statements, the second sentence should read, "The penalty applies if you fail to provide the statement by February 2, if you fail to include all information required to be shown on the statement, or if you include incorrect information on the statement." The last sentence of the second paragraph should read, "The penalty is not reduced for furnishing a correct statement by August 3. The corrected version of the 2008 Form W-2, the 2008 Form W-3 and the 2008 Instructions for Forms W-2 and W-3 are now available for download. --11-MAR-2008 Caution - Change to the 2007 Instructions for Form 8889, Health Savings Accounts (HSAs)If you downloaded the 2007 Instructions for Form 8889 before March 3, 2008, please note the following changes. The instructions for line 3, item 6, on page 4, were changed to clarify that married individuals age 55 or older with self-only HDHP coverage for the entire year are to enter their additional contribution amount on line 3. The note following those instructions was also changed to clarify that married individuals with family HDHP coverage at anytime during the year are to enter their additional contribution amount on line 7. The corrected version of the 2007 Instructions for Form 8889, Health Savings Accounts (HSAs), is now available for download. --04-MAR-2008 Caution — Change to the 2008 Instructions for Forms W-2 and W-3If you downloaded the 2008 Instructions for Forms W-2 and W-3 before February 16, 2008, please note the following correction. On page 12, in the right column, the second sentence of the first paragraph should read: "Even though the 2008 limit for elective deferrals and designated Roth contributions is $15,500, the employer must separately report the actual amounts of $16,000 and $1,000 in box 12." The corrected version of the 2008 Instructions for Forms W-2 and W-3, is now available for download. --19-FEB-2008 Notice — Form 8918, Material Advisor Disclosure Statement, Now Available for FilingForm 8918 was recently released and is to be filed by material advisors to satisfy their disclosure requirements under IRC section 6111 and to comply with the provisions of the recently published Regulations section 301.6111-3 (Treasury Decision 9351). Form 8918 replaces Form 8264, Application for Registration of a Tax Shelter, and must be used for disclosures required to be filed after October 31, 2007. For disclosures required to be filed by October 31, 2007, material advisors may use either Form 8918 or Form 8264. For more information, see Notice 2007-85. --29-OCT-2007 Notice — New Chinese, Korean, Russian, and Vietnamese Tax Glossaries AvailableThe Virtual Translation Office of the Internal Revenue Service announces the release of five new publications designed to respond to the rapidly increasing demand for tax-related resources in languages other than English. --24-OCT-2007 Notice — Enhancement of PDF fillable formsBeginning October 25, 2004, we started posting new and revised fill-in tax forms (PDF - Portable Document Format) in our PDF directory with "document rights" enabled. The document rights feature provides Adobe Reader users the ability to save filled-in forms to their hard drive with their changes when using Version 5.1 or later of the Adobe Reader (formerly known as Adobe Acrobat Reader) software. You may obtain the most current version of the freely-distributed Adobe Reader software at the Adobe website. A "rights-enabled" dialog box will be displayed when you open a fillable form in Adobe Reader. Please note that these IRS forms do not support electronic filing. You must complete the form and mail it to the appropriate IRS address in accordance with that tax form's instructions. If you wish to file electronically (e-file), please visit the IRS e-file web page. Caution: not all tax forms are fillable. Some forms, especially information returns such as the 1099 series, are displayed for illustration only. These forms must be filed by an employer either electronically or in OCR-scannable format. The instructions for those forms explain the filing options. You can access the tax forms and PDF versions of the instructions on our download pages by number and by posted date. -- 28-OCT-2005 |
Page Last Reviewed or Updated: January 14, 2009