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, 1981. As of today, no separate filing guidelines for the form are provided by the IRS.
Q: What is IRS Form 1117?
A: IRS Form 1117 is used for a taxpayer to request a surety bond for income tax purposes.
Q: Why would someone need to file IRS Form 1117?
A: You would need to file IRS Form 1117 if the IRS has required you to provide a surety bond to guarantee payment of your income taxes.
Q: What is a surety bond?
A: A surety bond is a guarantee provided by a third party (the surety) to the IRS that a taxpayer will pay their income taxes.
Q: Who can file IRS Form 1117?
A: Any taxpayer who has been requested by the IRS to provide a surety bond for income tax purposes can file IRS Form 1117.
Q: Are there any fees associated with filing IRS Form 1117?
A: Yes, there may be fees associated with filing IRS Form 1117, such as fees for the surety bond itself or for the services of a surety agent.
Form Details:
Download a fillable version of IRS Form 1117 through the link below or browse more documents in our library of IRS Forms.