This is a tax form that was released by the Internal Revenue Service (IRS) - a subdivision of the U.S. Department of the Treasury on January 1, 2023. Check the official IRS-issued instructions before completing and submitting the form.
Q: What is IRS Form 8288?
A: IRS Form 8288 is the U.S. Withholding Tax Return for Certain Dispositions by Foreign Persons.
Q: Who is required to file IRS Form 8288?
A: Foreign persons who dispose of U.S. real property interests are required to file IRS Form 8288.
Q: What is the purpose of IRS Form 8288?
A: The purpose of IRS Form 8288 is to report and pay withholding taxes on the amount realized from the disposition of U.S. real property interests by foreign persons.
Q: When is the due date for filing IRS Form 8288?
A: IRS Form 8288 must be filed within 20 days after the date of the disposition.
Q: Are there any penalties for not filing IRS Form 8288?
A: Yes, failure to file IRS Form 8288 may result in penalties and interest.
Q: What supporting documents are required to be attached to IRS Form 8288?
A: Supporting documents such as a copy of the deed or other instrument of transfer should be attached to IRS Form 8288.
Q: Can IRS Form 8288 be filed electronically?
A: No, IRS Form 8288 cannot be filed electronically. It must be filed by mail.
Q: Is there an extension available for filing IRS Form 8288?
A: No, there is no extension available for filing IRS Form 8288. It must be filed within 20 days after the date of the disposition.
Form Details:
Download a fillable version of IRS Form 8288 through the link below or browse more documents in our library of IRS Forms.