Source: https://tax.thomsonreuters.com/media-resources/news-media-resources/checkpoint-news/daily-newsstand/final-refund-claim-procedural-regs-make-minor-changes-to-proposed-regs/
Timestamp: 2018-08-15 07:00:13
Document Index: 209214352

Matched Legal Cases: ['§ 301', '§ 301', '§ 301', '§ 301', '§ 301', '§ 301', '§ 301', '§ 301', '§ 301', '§ 301', '§ 301', '§ 301', '§ 301']

Final refund claim procedural regs make minor changes to proposed regs - Thomson Reuters Tax & Accounting
By Thomson Reuters Tax & Accounting On July 24, 2015 · Add Comment - Checkpoint Daily Newsstand -
…If a taxpayer was required to file a claim for credit or refund on a particular form, the claim would have to be filed in a manner consistent with such form and form instructions. If a taxpayer was filing a claim in response to an IRS notice or correspondence, the claim had to be filed in accordance with the specific instructions contained in the notice or correspondence regarding the proper address for filing. If filing instructions were not otherwise provided, a claim for credit or refund would have to be filed with the service center at which the taxpayer would be required to file a current tax return for the type of tax to which the claim relates. (Prop Reg § 301.6402-2(a)(2))
…Taxpayers would have to use the form prescribed for filing a particular claim for credit or refund. When there is no alternative form prescribed, a claim for credit or refund would have to be filed on a Form 843. (Prop Reg § 301.6402-2(c))
…The “separate claim” rule of Reg. § 301.6402-2(d) would be expanded to include income tax withheld, FICA tax and Railroad Retirement Tax. (Prop Reg § 301.6402-2(d))
…The filing of a properly executed income tax return with respect to which the taxpayer is not required to show the tax on the form (see Code Sec. 6014 and its regs) would be treated as a claim for refund in the amount of the overpayment shown by IRS’s computation of the tax based on the return that was filed. The proposed reg then sets out detailed rules for whether such a return would be considered as timely filed. (Prop Reg § 301.6402-3(b))
…The reference to a specific dollar amount with respect to the Joint Committee on Taxation would be dropped from Reg. § 301.6402-4. (Prop Reg § 301.6402-4)
…Modify the rule that applies where a taxpayer is required to file a claim for credit or refund using a particular form, to provide that it be filed in a manner consistent with such form, form instructions, publications, or other guidance found on the IRS.gov website. (Reg. § 301.6402-2(a)(2))
…Modify the proposed reg service center rule to clarify that it only applies where taxpayer isn’t required to file a specific form and where the taxpayer isn’t filing a refund claim in response to an IRS notice or correspondence. (Reg. § 301.6402-2(a)(2))
…Provide that, where the service center rule applies, the taxpayer can alternatively file “via the appropriate electronic portal.” (Reg. § 301.6402-2(a)(2))
…Modify the Prop Reg § 301.6402-3(b) rule above to remove the detailed rules as to whether the claim was timely filed and instead provide that, for purposes of the limitations period of Code Sec. 6511, the claim will be treated as filed on the date the return is treated as filed. It also redesignates that rule as Reg. § 301.6402-3(c). (Reg. § 301.6402-3(c))
…Clarify a confusing statement contained in Form 843’s instructions. That statement instructs taxpayers to file Form 843 with the service center in which the taxpayer would be required to file a current tax return for “the tax to which your claim or request relates.” However, one use of Form 843 is to file a claim for credit or refund of penalties that are unrelated to any tax for which a return is required. IRS says that, for an assessable penalty that is unrelated to a particular tax, the notice containing or issued along with demand for payment will provide the proper address for filing a claim for credit or refund, and the taxpayer should file a claim in accordance with any specific instructions contained therein. (T.D. 9727)
References: For refund claims, see FTC 2d/FIN ¶ T-5601; United States Tax Reporter ¶ 64,024; TaxDesk ¶ 802,001; TG ¶ 70751.
Tagged with → IRS Regulation 301.6402-2 • IRS Regulation 301.6402-3 • IRS Regulation 301.6402-4 • IRS Treasury Decision 9727