Form 8842

(Rev. October 2021)

Election To Use Different Annualization Periods for Corporate Estimated Tax

Department of the Treasury 

Internal Revenue Service 

(Under section 6655(e)(2)(C) of the Internal Revenue Code)

▶ Do not file with the organization’s income tax return—file separately.

▶ Information about Form 8842 and its instructions is available at www.irs.gov/Form8842.

OMB No. 1545-0123

Name Employer identification number 

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

City or town, state, and ZIP code, or country Tax year ends (month and year) 

Type of return to be filed (check one):

Form 1120 

Form 1120-C 

Form 1120-F 

Form 1120-FSC 

Form 1120-L 

Form 1120-ND 

Form 1120-PC 

Form 1120-REIT 

Form 1120-RIC 

Form 1120-S 

Form 1120-SF 

Form 8804 

Election to use an annualization option under the annualized income installment method 

Check one of the following boxes. 

1st 

Installment 

2nd 

Installment 

3rd 

Installment 

4th 

Installment 

Option 1 . . . . . First 2 months First 4 months First 7 months First 10 months 

Option 2 . . . . . First 3 months First 5 months First 8 months First 11 months 

Signature. Under penalties of perjury, I declare that I have been authorized by the above-named corporation or organization to make this election, and 

to the best of my knowledge and belief, the information provided is true, correct, and complete. 

Signature of officer, partner, or limited liability company (LLC) member Title Date 

General Instructions 

Section references are to the Internal 

Revenue Code unless otherwise 

noted. 

Purpose of Form 

Corporations and certain 

partnerships use Form 8842 to elect 

one of the two annualization options 

that can be elected under section 

6655(e)(2)(C) to figure the 

organization’s estimated tax 

payments under the annualized 

income installment method. 

Who Can Elect 

Corporations (including S 

corporations) and partnerships 

required to pay the withholding tax 

under section 1446 use this form to 

elect either Option 1 or Option 2 

under the annualized income 

installment method. 

If an organization wants to use the 

annualized income installment 

method but does not elect Option 1 

or 2, it can annualize income using 

the Standard Option. The Standard 

Option can be used without filing 

Form 8842. Corporations, see Form 

1120-W, Estimated Tax for 

Corporations, for information on the 

Standard Option. Partnerships, see 

the instructions for Form 8804, 

Annual Return for Partnership 

Withholding Tax (Section 1446). 

Tax-exempt organizations subject 

to the unrelated business income tax 

and private foundations should not 

file Form 8842. For information 

concerning the annualization periods 

applicable to tax-exempt 

organizations and private 

foundations, see Form 990-W, 

Estimated Tax on Unrelated 

Business Taxable Income for TaxExempt Organizations. 

When To File 

• File Form 8842 annually to elect 

Option 1 or 2 even if the same 

option is elected each year. 

• File Form 8842 by the 15th day of 

the 4th month of the tax year for 

which the election is to apply. 

Note: The election applies only to 

the tax year for which it is made. 

Once the election is made, it cannot 

be revoked for that tax year. 

Where To File 

File Form 8842 with the Department 

of the Treasury, Internal Revenue 

Service Center, Kansas City, MO 

64999. 

▲!

CAUTION

Do not file Form 8842 with 

the organization’s income 

tax return. 

(Continued on back of form) 

For Paperwork Reduction Act Notice, see instructions. Cat. No. 15990T Form 8842 (Rev. 10-2021) 
Form 8842 (Rev. 10-2021) Page 2 

Address 

Include the suite, room, or other unit 

number after the street address. 

If the post office does not deliver 

mail to the street address and the 

organization has a P.O. box, show 

the box number instead. 

If the organization receives its mail 

in care of a third party (such as an 

accountant or an attorney), enter on 

the street address line “C/O” 

followed by the third party’s name 

and street address or P.O. box. 

Who Must Sign 

In the case of a corporation, the 

election must be signed and dated by:

• The president, vice president, 

treasurer, assistant treasurer, chief 

accounting officer; or 

• Any other corporate officer (such 

as tax officer) authorized to sign. 

In the case of a partnership, the 

election must be signed and dated 

by a partner or an LLC member.

If the election is filed on behalf of a 

corporation or partnership by a 

receiver, a trustee, or an assignee, 

the fiduciary must sign the election 

instead of the corporate officer or 

LLC member. An election signed by 

a receiver or trustee in bankruptcy on 

behalf of a corporation or partnership 

must be accompanied by a copy of 

the order or instructions of the court 

authorizing signing of the election. 

Paperwork Reduction Act 

Notice 

We ask for the information on this 

form to carry out the Internal 

Revenue laws of the United States. 

You are required to give us the 

information. We need it to ensure 

that you are complying with these 

laws and to allow us to figure and 

collect the right amount of tax. 

You are not required to provide 

the information requested on a form 

that is subject to the Paperwork 

Reduction Act unless the form 

displays a valid OMB control 

number. Books or records relating to 

a form or its instructions must be 

retained as long as their contents 

may become material in the

administration of any Internal 

Revenue law. Generally, tax returns 

and return information are 

confidential, as required by section 

6103. 

The time needed to complete and 

file this form will vary depending on 

individual circumstances. The 

estimated burden for business 

taxpayers filing this form is approved 

under OMB control number 

1545-0123 and is included in the 

estimates shown in the instructions 

for their business income tax return.

If you have comments concerning 

the accuracy of these time estimates 

or suggestions for making this form 

simpler, we would be happy to hear 

from you. You can send your 

comments through www.irs.gov/

forms-pubs/comment-on-tax-formsand-publications. Or you can write to 

the Internal Revenue Service, Tax 

Forms and Publications Division, 

1111 Constitution Ave. NW, IR-6526, 

Washington, DC 20224. Do not 

send the form to this address. 

Instead, see Where To File, earlier.