What this notice is about We approved your Form 8716, Election To Have a Tax Year Other Than a Required Tax Year. What you need to do File your annual business income tax returns (Form 1065, U.S. Return of Partnership Income PDF or Form 1120-S, U.S. Corporation Income Tax Return PDF) on time for the approved fiscal tax year. File Form 8752, Required Payment or Refund Under Section 7519 PDF, annually (by May 15). Make all payments required for Form 8752 on time. You may want to Keep this notice for your permanent records Visit Where to File Your Taxes (for Form 8752) Review the instructions for Form 8752 PDF on page 3 of the form Frequently asked questions What should I do if I want to change to a calendar year for Form 1065 or Form 1120S? File a final Form 8752, which will terminate your Internal Revenue Code (IRC) Section 444 election. If you have a credit on your account, file a final Form 8752 for us to refund the payments to you. You must also file a short period business income tax return (Form 1065 or Form 1120S) with your final Form 8752 ending December 31. Do I need to file Form 8752 when I don’t owe a payment? Yes. You must file Form 8752 each year the Section 444 election is in effect, even if you don't need to make a payment. If I'm no longer required to file a Form 1065 or Form 1120S, do I need to ask the IRS to terminate my election? Yes. You must send a final Form 1065 or Form 1120S, along with a final Form 8752. Are there any consequences if I don’t file Form 8752 or pay when I file? Failure to file or failure to pay will result in the termination of your fiscal year election. Herramientas de referencia Publicación 1 (SP), Derechos del Contribuyente Publicación 17 (SP), El Impuesto Federal sobre los Ingresos Lista completa de formularios y publicaciones tributarios (en inglés) ¿Necesita ayuda? Puede autorizar a alguien para comunicarse con el IRS en su nombre. Vea si califica para recibir ayuda de una Clínicas para Contribuyentes de Bajos Ingresos. Si no puede encontrar lo que necesita en línea, llame al número del IRS que se indica en la parte superior de su carta o aviso. Si no recibió una carta o aviso, utilice la asistencia telefónica. Si no puede resolver la multa por su cuenta, comuníquese con el Servicio del Defensor del Contribuyente, una organización independiente dentro del IRS.
