- 3 -
|
Page 3 of 6 Fileid: … ons/i1120h/2022/a/xml/cycle04/source 11:44 - 6-Oct-2022
The type and rule above prints on all proofs including departmental reproduction proofs. MUST be removed before printing.
association may file on the next The paid preparer must complete • Respond to certain IRS notices
business day. the required preparer information and: about math errors, offsets, and return
Private delivery services. • Sign the return in the space preparation.
provided for the preparer's signature,
Associations can use certain private The association isn’t authorizing
and
delivery services (PDSs) designated the paid preparer to receive any
by the IRS to meet the “timely mailing • Give a copy of the return to the
taxpayer. refund check, bind the association to
as timely filing/paying” rule for tax anything (including any additional tax
returns. Go to IRS.gov/PDS for the Note. A paid preparer may sign the liability), or otherwise represent the
current list of designated services. original or amended returns by rubber association before the IRS.
The PDS can tell you how to get stamp, mechanical device, or
written proof of the mailing date. computer software program. The authorization will automatically
end no later than the due date
For the IRS mailing address to use (excluding extensions) for filing the
if you are using a PDS, go to IRS.gov/ Paid Preparer
association's 2023 tax return. If the
PDSStreetAddresses. Authorization association wants to expand the paid
PDSs can't deliver items to If the association wants to allow the preparer's authorization, see Pub.
IRS to discuss its 2022 tax return with 947, Practice Before the IRS and
CAUTION U.S. Postal Service to mail
! P.O. boxes. You must use the the paid preparer who signed it, check Power of Attorney.
any item to an IRS P.O. box address. the “Yes” box in the signature area of
the return. This authorization applies Other Forms and
Extension. File Form 7004, only to the individual whose signature
Statements That May Be
Application for Automatic Extension of appears in the “Paid Preparer Use
Time To File Certain Business Income Only” section of the return. It doesn’t Required
Tax, Information, and Other Returns, apply to the firm, if any, shown in that See the Instructions for Form 1120
to request an extension of time to file. section. and Pub. 542, Corporations, for a list
of other forms and statements the
Generally, the association must file If the “Yes” box is checked, the
association may be required to file.
Form 7004 by the regular due date of association is authorizing the IRS to
the return. See the Instructions for call the paid preparer to answer any Qualified opportunity investment.
Form 7004. questions that may arise during the If you deferred a capital gain in a
If the association elects to file processing of its return. The qualified opportunity fund (QOF), you
association is also authorizing the must file your return with Schedule D
! Form 1120-H, it should file for paid preparer to: (Form 1120), Capital Gains and
CAUTION extension on Form 7004 using
the original form type assigned to the • Give the IRS any information that is Losses; Form 8949, Sales and Other
entity. missing from the return; Dispositions of Capital Assets; and
• Call the IRS for information about Form 8997, Initial and Annual
the processing of the return or the Statement of Qualified Opportunity
Who Must Sign status of any related refund or Fund (QOF) Investments, attached.
The return must be signed and dated payment(s); and You will need to file Form 8997
by the president, vice president,
treasurer, assistant treasurer, chief Where To File
accounting officer, or any other
association officer (such as tax File the association's return at the address listed below.
officer) authorized to sign.
If a return is filed on behalf of an If the association’s principal business, Use the following address:
office, or agency is located in:
association by a receiver, trustee, or
assignee, the fiduciary must sign the Connecticut, Delaware, District of Columbia,
return, instead of the association Georgia, Illinois, Indiana, Kentucky, Maine,
Department of the Treasury
officer. Returns and forms signed by a Maryland, Massachusetts, Michigan, New
Internal Revenue Service Center
Hampshire, New Jersey, New York, North
Kansas City, MO
receiver or trustee in bankruptcy on Carolina, Ohio, Pennsylvania, Rhode Island,
64999-0012
behalf of an association must be South Carolina, Tennessee, Vermont, Virginia,
accompanied by a copy of the order West Virginia, Wisconsin
or instructions of the court authorizing
Alabama, Alaska, Arizona, Arkansas,
signing of the return or form. California, Colorado, Florida, Hawaii, Idaho,
If an association officer completes Iowa, Kansas, Louisiana, Minnesota, Department of the Treasury
Mississippi, Missouri, Montana, Nebraska, Internal Revenue Service Center
Form 1120-H, the paid preparer Nevada, New Mexico, North Dakota, Ogden, UT 84201-0012
space should remain blank. Anyone Oklahoma, Oregon, South Dakota, Texas,
who prepares Form 1120-H but Utah, Washington, Wyoming
doesn’t charge the association should
A foreign country or U.S. possession Internal Revenue Service Center
not complete that section. Generally, P.O. Box 409101
anyone who is paid to prepare the Ogden, UT 84409
return must sign it and fill in the “Paid
Preparer Use Only” area.
Instructions for Form 1120-H (2022) -3-
|