Required Payment or Refund Under Section 7519                                                        OMB No. 1545-0123
Form    8752                                       ▶ Don’t attach this form to Form 1065 or Form 1120-S; file it separately.
                                                       ▶ Go to www.irs.gov/Form8752 for the latest information.
Department of the Treasury    For the required payment figured using the net income from the base year ending                       , 2021         2021
Internal Revenue Service                                           ▶  Due by May 16, 2022.
              Name of partnership or S corporation                                                                        Employer identification number

              Number, street, and room or suite no. If a P.O. box, see instructions.

Type or print City or town, state or province, country, and ZIP or foreign postal code

A                Check applicable box to show how entity is classified for federal income tax purposes:                 (1)     Partnership
                                                                                                                        (2)     S Corporation
B                If this is the entity’s first tax year, skip lines 1 through 10, enter -0- on line 11, and check this box            .   . .      . .  . . ▶
C                If this form is being filed to claim a full refund of the net required payment balance because of a terminating event, skip 
                 lines 1 through 9a, enter -0- on line 9b, complete lines 10–12, and check this box  .           .      .    .  . .   .   . .      . .  . . ▶
D                If the entity had a short base year (a base year of less than 12 months), check this box. See the line 1 instructions for the 
                 definition of “base year”  .        . . . . . . .                  . . . . .  . .   .  . . . .  .      .    .  . .   .   . .      . .  . . ▶
              1  Net income for base year. If the entity had a short base year, increase the net income for the
                 short  base  year  by  the  applicable  payments  made  during  the  base  year  (line  2  below),  and 
                 multiply the result by the ratio of 12 over the number of months in the short base year. Carry out 
                 the ratio to at least 3 decimal places. If zero or less, enter -0- .          . .   .  . . . .  .      .    .  .     1
              2  Applicable payments made during base year  .                       . . . . .  . .   .  . . . .  .      .    .  .     2
              3  Deferral ratio. Divide the number of months in the deferral period by 12 and enter the result as a 
                 percentage. Carry out your answer to at least the nearest tenth of a percent  .            . .  .      .    .  .     3                 .     %

              4  Line 1 deferred amount. Multiply line 1 by line 3 .                  . . . .  . .   .  . . . .  .      .    .  .     4
                 Caution: If the entity had a short base year, skip lines 5 and 6 and go to line 7.

              5  Line 2 deferred amount. Multiply line 2 by line 3 .                  . . . .  .       5
              6  Applicable  payments  made  during  the  deferral  period  of  the  base 
                 year .   . . .        . .         . . . . . . . .                  . . . . .  .       6
              7  If the entity had a 12-month base year, subtract line 6 from line 5. If zero or less, enter -0-. If the
                 entity had a short base year, enter the applicable payments made during the deferral period of
                 the applicable election year  .       . . . . . .                  . . . . .  . .   .  . . . .  .      .    .  .     7
              8  Net base year income. If the entity had a 12-month base year, add lines 4 and 7. If the entity had 
                 a short base year, subtract line 7 from line 4. If zero or less, enter -0-  .          . . . .  .      .    .  .     8

              9a Multiply line 8 by 38% (0.38)         . . . . . .                  . . . . .   ▶    9a
              b  If line 9a is more than $500 or the required payment for any prior tax year was more than $500, 
                 enter the amount from line 9a here. Otherwise, enter -0-  .                .  . .   .  . . . .  .      .    .  ▶   9b
10               Net  required  payment  balance.  Enter  the  excess  of  the  required  payments  made  for  all  prior 
                 years over the refunds of any required payments received for all prior years  .            . .  .      .    .  .   10
11               Required payment due.             If line 9b is larger than line 10, subtract line 10 from line 9b. See the
                 line 11 instructions for payment options  .   . .                  . . . . .  . .   .  . . . .  .      .    .  .   11

12               Refund of net prior year payments. If line 10 is larger than line 9b, subtract line 9b from line 10                12
Sign                  Under  penalties  of  perjury,  I  declare  that  I  have  examined  this  return,  including  accompanying  schedules  and  statements,  and  to  the  best  of  my 
                      knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has 
Here                  any knowledge.
                      ▲                                                                                         ▲
Keep a copy of  
this form for your          Signature of officer, partner, or limited liability company member  Date                    Title
records.
                      Print/Type preparer’s name               Preparer’s signature                           Date                                 PTIN
Paid                                                                                                                              Check         if 
                                                                                                                                  self-employed
Preparer 
Use Only              Firm’s name      ▶                                                                                     Firm’s EIN  ▶
                      Firm’s address  ▶                                                                                      Phone no.
For Paperwork Reduction Act Notice, see the instructions.                                               Cat. No. 64988D                              Form 8752 (2021)

Form 8752 (2021)                                                                                                                          Page 2

General Instructions                                                    Alabama, Alaska, Arizona, 
Section references are to the Internal Revenue Code unless              Arkansas, California, Colorado, 
otherwise noted.                                                        Florida, Hawaii, Idaho, Iowa,        Department of the Treasury 
Future developments. For the latest information about                   Kansas, Louisiana, Minnesota,        Internal Revenue Service 
developments related to Form 8752 and its instructions, such as         Mississippi, Missouri, Montana,      Ogden, UT 
legislation enacted after they were published, go to                    Nebraska, Nevada, New Mexico,        84201
www.irs.gov/Form8752.                                                   North Dakota, Oklahoma, 
                                                                        Oregon, South Dakota, Texas, 
Purpose of form. Partnerships and S corporations use Form 8752          Utah, Washington, Wyoming
to figure and report the payment required under section 7519 or to 
obtain a refund of net prior year payments.                             An entity without a principal office or agency or principal place of 
                                                                        business in the United States must file Form 8752 with the Internal 
   Section 7519 payments are required of any partnership or             Revenue Service Center, P.O. Box 409101, Ogden, UT 84409.
S corporation that has elected under section 444 to have a tax year 
other than a required tax year.                                         Penalties. If the required payment isn’t made by the due date, the 
                                                                        entity may have to pay a penalty equal to 10% of the 
Who must file. A partnership or S corporation must file Form 8752       underpayment. For this purpose, “underpayment” means the 
if it made a section 444 election by filing Form 8716, Election To      excess of the required payment over the amount (if any) of such 
Have a Tax Year Other Than a Required Tax Year, and its election is     payment made on or before the due date for the applicable election 
in effect for the tax year. A partnership or S corporation that         year. The penalty will not be imposed if the entity can show that the 
terminates its section 444 election or liquidates must also file Form   failure to pay on time was due to reasonable cause and not willful 
8752 to claim a refund of its net required payment balance. Form        neglect. If you include this penalty with the entity’s payment, identify 
8752 must be filed for each year the section 444 election is in effect, and enter the penalty amount in the bottom margin of page 1. Don’t 
even if the required payment for the applicable election year is zero.  include the penalty in the Required payment due space on line 11. 
See section 7519(c) for details.                                        Other penalties may also apply. If the entity receives a notice about 
   Don’t file Form 8752 for a personal service corporation (as          a penalty after it files Form 8752, the entity should send us an 
defined in Regulations section 1.441-3). Instead, file Schedule H       explanation and we will determine if the entity meets reasonable 
(Form 1120), Section 280H Limitations for a Personal Service            cause criteria. Do not attach an explanation when filing Form 8752.
Corporation (PSC), with the corporation’s income tax return.            Amended return. To correct an error in a Form 8752 already filed, 
When to file. For applicable election years beginning in 2021, Form     file an amended Form 8752 and write “Amended Return” across the 
8752 must be filed and the required payment made on or before           top.
May 16, 2022.
           For your base year ending in 2021, you must use the          Specific Instructions
           2021 Form 8752. You can’t use the 2021 Form 8752 for         For the applicable election year beginning in 2021, enter the ending 
▲!         your base year ending in 2022.                               date of the base year ending in 2021. See the definitions of 
CAUTION                                                                 applicable election year and base year under Line 1. Net income for 
   However, Temporary Regulations section 1.444-3T(b)(4)(iii)           base year, later.
provides a special rule that extends the due date for filing Form       Address. Include the suite, room, or other unit number after the 
8752 and making the required payment related to certain back-up         street address. If the Post Office doesn’t deliver mail to the street 
section 444 elections.                                                  address and the entity has a P.O. box, show the box number 
Where to file. File Form 8752 at the applicable IRS address listed      instead of the street address.
below.                                                                  Item B. If an applicable election year is the entity’s first year of 
If the entity’s principal place of                                      existence (that is, it is a newly formed entity and therefore doesn’t 
   business or principal office      Use the following address:         have a base year), the required payment is zero.
      or agency is located in:                                          Item C. If the entity terminated its section 444 election and the 
                                                                        termination took effect for a tax year ending in 2021, or the entity 
Connecticut, Delaware, District of                                      liquidated during a tax year ending in 2021, check this box. The 
Columbia, Georgia, Illinois,                                            entity should claim a full refund of the net required payment balance 
Indiana, Kentucky, Maine,                                               shown on line 10. See section 7519(c)(3) to determine when you are 
Maryland, Massachusetts,            Department of the Treasury          eligible for the refund.
Michigan, New Hampshire, New        Internal Revenue Service 
Jersey, New York, North Carolina,  Kansas City, MO 
Ohio, Pennsylvania, Rhode           64999
Island, South Carolina, 
Tennessee, Vermont, Virginia, 
West Virginia, Wisconsin

Form 8752 (2021)                                                                                                                         Page 3
A partnership’s section 444 election ends if the partnership              Line 3. Deferral ratio.The deferral period is the number of months 
changes its accounting period to its required tax year or some other      between:
permitted year, it is penalized for willfully failing to comply with the  • The beginning of the elected tax year, and
requirements of section 7519, or it becomes a member of a tiered 
structure and the same tax year exception doesn’t apply (see              • The close of the first required tax year ending within such a 
Temporary Regulations section 1.444-2T for more about tiered                   year.
structures).                                                              For example, the required tax year for an S corporation is the 
An S corporation’s section 444 election ends if it changes its            calendar year, ending on December 31. If an S corporation elects a 
accounting period to a calendar year or some other permitted year,        tax year beginning on November 1, there would be 2 months 
it is penalized for willfully failing to comply with the requirements of  between the beginning of the elected tax year and the end of the 
section 7519, it becomes a member of a tiered structure and the           required tax year (December 31). The deferral period for the elected 
same tax year exception doesn’t apply (see Temporary Regulations          tax year would be 2 months.
section 1.444-2T), or its S corporation election terminates (unless it    Line 9b.If you enter zero on line 9b and you didn’t make any prior 
immediately becomes a personal service corporation).                      year required payment for which a refund can be claimed, enter 
See Temporary Regulations section 1.444-1T(a)(5)(ii) for the              zero on line 10, skip lines 11 and 12, and complete the signature 
effective date of the termination of a section 444 election.              section. You are required to file Form 8752 to show that you have a 
                                                                          zero liability for the applicable election year beginning in 2021.
Once a section 444 election is terminated, the entity may never 
make another section 444 election.                                        Line 11. Required payment due. If you are enrolled in the 
                                                                          Electronic Federal Tax Payment System (EFTPS), you can pay your 
Line 1. Net income for base year. The term “base year” means the          balance due online or by phone. EFTPS is a free service provided 
tax year preceding the applicable election year. Any tax year for         by the U.S. Department of Treasury. If you aren’t required to use 
which a section 444 election is in effect, including the first tax year   EFTPS, you may still participate voluntarily. To pay the balance due, 
the section 444 election is made, is an applicable election year. For     get more information, or enroll in EFTPS, visit www.eftps.gov or call 
example, if you are completing Form 8752 for the applicable               1-800-555-4477.
election year beginning October 1, 2021, and ending September 30, 
2022, the base year is the tax year beginning October 1, 2020, and        To pay by check or money order. Enclose a check or money 
ending September 30, 2021.                                                order for the amount on line 11 payable to “United States Treasury.” 
                                                                          Write the entity’s employer identification number and “Form 8752” 
Partnerships. Line 1 net income is the aggregate (not less than           on the check or money order.
zero) of the partnership’s items of income and expense, other than 
tax-exempt income, nondeductible expenses, and guaranteed                 Line 12. Refund of net prior year payments. No refund will be 
payments under section 707(c). When figuring this amount,                 made before the later of: (a) April 15, 2022, or (b) 90 days after 
disregard any limitations at the partner level. For base years            Form 8752 is filed per section 7519(c)(3). No interest will be paid on 
beginning in 2020, line 1 should equal the amount on the 2020 Form        the amount refunded.
1065, line 1, of Analysis of Net Income (Loss), plus the aggregate 
items of income and expense, if any, reported on the attached             Paperwork Reduction Act Notice. We ask for the information on 
statement for Schedule K, line 20c (but not less than zero).              this form to carry out the Internal Revenue laws of the United 
S corporations.Line 1 net income is the         aggregate (not less than  States. You are required to give us the information. We need it to 
zero) of the corporation’s items of income and expense, other than        ensure that you are complying with these laws and to allow us to 
tax-exempt income and nondeductible expenses.          When figuring this figure and collect the right amount of required payment. 
amount, disregard any limitations   at the shareholder level. For base    You are not required to provide the information requested on a 
years beginning in 2020, line 1 should equal the amount on the 2020       form that is subject to the Paperwork Reduction Act unless the form 
Form 1120-S, Schedule K, line 18, plus the      aggregate items of        displays a valid OMB control number. Books or records relating to a 
income and expense, if any,   reported on Schedule K, line 17d (but       form or its instructions must be retained as long as their contents 
not less than zero). For this purpose, all S corporations must            may become material in the administration of any Internal Revenue 
complete Schedule K, line 18.                                             law. Generally, tax returns and return information are confidential, 
If an S corporation was a C corporation for its base year, the            as required by section 6103.
C corporation’s taxable income is treated as the net income of the        The time needed to complete and file this form will vary 
S corporation for the base year. See Temporary Regulations section        depending on individual circumstances. The estimated burden for 
1.7519-1T(b)(5) for other details.                                        business taxpayers filing this form is approved under OMB control 
Line 2. Applicable payments. In general, the term “applicable             number 1545-0123 and is included in the estimates shown in the 
payments” means any amount deductible in the base year that is            instructions for their business income tax return.
includible at any time, directly or indirectly, in the gross income of    If you have suggestions for making this form simpler, we would 
any partner or shareholder who was a partner or shareholder during        be happy to hear from you. You can send us comments from 
the base year. However, the term doesn’t include guaranteed               www.irs.gov/FormComments. Or you can write to the Internal 
payments. Examples of applicable payments are officer’s                   Revenue Service, Tax Forms and Publications, 1111 Constitution 
compensation, wages, and rent paid to any partner or shareholder.         Ave. NW, IR-6526, Washington, DC 20224. Don’t send the form to 
If the S corporation was a C corporation for its base year,               this office. Instead, see Where to file, earlier.
applicable payments of the C corporation are treated as if received 
from an S corporation.