PDF
Word
IRS Form 8892 Application for Automatic Extension of Time to File Form 709 and / or Payment of Gift / Generation-Skipping Transfer Tax
What Is IRS Form 8892?
IRS Form 8892, Application for Automatic Extension of Time to File Form 709 and/or Payment of Gift/Generation-Skipping Transfer Tax , is a fiscal document generally used by taxpayers in order to request six months of extra time to file IRS Form 709, United States Gift (and Generation-Skipping Transfer) Tax Return.
Alternate Names:
- Gift Tax Return Extension Form;
- 8892 Tax Form.
Alternatively, this instrument has to be filled out to list the details of the gift tax payment or the tax payment required when the assets are transferred to a person more than one generation younger than the individual that makes the gift.
This application was released by the Internal Revenue Service (IRS) on December 1, 2022 , rendering older editions of the instrument outdated. You can download an IRS Form 8892 fillable version through the link below.
Form 8892 Instructions
Follow these Form 8892 instructions to ask fiscal authorities for a filing extension:
-
Make sure you are allowed to file this document in the first place . If you need time to prepare IRS Form 709 while there is no necessity to request more time to complete your income statement, you may submit this form. Additionally, you will be obliged to file this instrument in case you have to pay a generational-skipping transfer tax or gift tax with the help of the voucher.
-
Provide your personal details - full name and social security number . Add your mailing address and specify the P.O. box if you are not getting correspondence delivered to a regular address.
-
Check the box to confirm your intention to extend the filing period for Form 709 - you will be given six extra months to deal with the paperwork . Note that you can only tick the box if your income statement will be submitted without a delay. In case you are paying gift tax and the donor passed away during the year, you have to state their date of death.
-
Complete the voucher to certify your tax payment . You will need to record the tax year in question and enter the gift tax amount (select the right field based on the type of tax you are expected to pay). Identify yourself again and indicate your correspondence address - you have to skip this section if you have no obligation to pay the tax. Once the voucher is ready, cut it from the form and send it to the IRS alongside the payment. It is up to you to choose the payment method - money order or check marked with the designation to address it to the United States Treasury; remember you are not allowed to send cash as payment.
Where to File Form 8892?
Taxpayers must file Form 8892 at the Department of the Treasury, Internal Revenue Service Center, Kansas City, MO 64999 . Retain a copy of the instrument in your personal records. It is mandatory to prepare the documentation before the deadline for Form 709 comes - ensure you send the paperwork before April 15. Although you will be given a filing extension provided that you complied with the conditions established by tax organs, you must not forget about your responsibility to pay taxes - if you fail to pay the right amount of tax by the due date, you will be subject to interest and penalties.
Other Revision
Download IRS Form 8892 Application for Automatic Extension of Time to File Form 709 and / or Payment of Gift / Generation-Skipping Transfer Tax
1
2
3
