This version of the form is not currently in use and is provided for reference only. Download this version of Instructions for IRS Form 8872 for the current year.
This document contains official instructions for IRS Form 8872 , Political Organization Report of Contributions and Expenditures - a tax form released and collected by the Internal Revenue Service (IRS), a subdivision of the U.S. Department of the Treasury. An up-to-date fillable IRS Form 8872 is available for download through this link.
Q: What is IRS Form 8872?
A: IRS Form 8872 is the Political Organization Report of Contributions and Expenditures.
Q: Who needs to file IRS Form 8872?
A: Political organizations, including political action committees (PACs) and certain tax-exempt organizations, are required to file IRS Form 8872.
Q: What information is required on IRS Form 8872?
A: IRS Form 8872 requires political organizations to report their contributions and expenditures, including the names and addresses of donors, as well as the dates and amounts of contributions.
Q: When is IRS Form 8872 due?
A: IRS Form 8872 is due on the 15th day of the 5th month after the end of the organization's taxable year. For calendar year organizations, the deadline is May 15th.
Q: How can I file IRS Form 8872?
A: IRS Form 8872 can be filed electronically or by mail. Electronic filing is recommended for faster processing.
Q: Are there any penalties for not filing IRS Form 8872?
A: Yes, there are penalties for not filing IRS Form 8872, including monetary fines and potential loss of tax-exempt status for organizations.
Q: Are there any exceptions or exemptions for filing IRS Form 8872?
A: Some small political organizations may be exempt from filing IRS Form 8872 if they meet certain criteria.
Q: Is there any help available for filling out IRS Form 8872?
A: Yes, the IRS provides instructions for filling out IRS Form 8872, and there are resources available for assistance, such as tax professionals or nonprofit organizations.
Q: What should I do if I have questions about IRS Form 8872?
A: If you have questions about IRS Form 8872, you can contact the IRS directly or consult with a tax professional.
Instruction Details:
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