Instructions For Form 926 (Page 3 of 3) in pdf

If there is more than one old reference ID

6038B(a)(1)(A) transfers, see Temporary

Part III under section 904(f)(5)(F), attach a

number, you must enter a space between

Regulations section 1.6038B-1T(c)(4) for

statement identifying the transfer and the

each such number. As indicated above,

specific information that must be reported

amount of gain recognized.

the length of a given reference ID number

in column (b) (or, if necessary, under the

Line 11c. If recapture was required with

is limited to 50 characters and each

Supplemental Information section or on

respect to any transfer reported in Part III

number must be alphanumeric and no

attached sheets). With respect to section

under section 1503(d) (dual consolidated

special characters are permitted.

367(d) transfers, see Temporary

loss), attach a statement identifying the

Regulations section 1.6038B-1T(d). With

transfer and the amount of recapture. See

Note. This correlation requirement

respect to section 367(e) transfers, see

section 1503(d) and the regulations

applies only to the first year the new

Regulations section 1.6038B-1(e).

thereunder.

reference ID number is used.

Column (c). Fair market value. Enter

Line 11d. If exchange gain recognition

Line 5. Address. Enter the information in

the fair market value of the property

was required with respect to any transfer

the following order: city, province or state,

transferred (measured as of the date of

reported in Part III under section 987,

and country. Follow the country's practice

transfer).

attach a statement identifying the transfer

for entering the postal code, if any. Do not

Column (d). Cost or other basis. Enter

and the amount of exchange gain

abbreviate the country name; however, if

your adjusted basis in the property

recognized. See Regulations section

you file electronically, please follow the

transferred on the date of the transfer. See

1.987-5.

convention specified.

sections 1011 through 1016 for more

Line 12. If this transfer resulted from a

Line 6. Enter the two-letter country code

information for the determination of

change in the classification of the

(from the list at

adjusted basis.

transferee to that of a foreign corporation

countrycodes) of the transferee foreign

(a deemed transfer resulting from a

Supplemental information required

corporation's country of incorporation or

classification change on Form 8832, Entity

organization.

to be reported

Classification Election, or a termination of

Line 7. List the entity classification (e.g.,

a section 1504(d) election), check the

Enter any information from Part III that is

partnership, corporation, etc.) of the

“Yes” box. If the transfer was an actual

required to be reported in greater detail.

transferee foreign corporation under the

transfer of property to a foreign

Identify the applicable column number

laws of the country of incorporation or

corporation, check the “No” box.

next to the information entered in this

organization.

section. In addition, if you contributed

Line 13. See final and temporary

property to a foreign corporation as a part

Line 8. See section 957(a) to determine

Regulations sections 1.367(a)-4 through

of a wider transaction, briefly describe the

whether the corporation is a controlled

1.367(a)-6 for instances in which a

entire transaction.

foreign corporation immediately after the

transferor must recognize income on the

transfer.

transfer of tangible property that qualifies

Part IV— Additional

for nonrecognition treatment (see section

Part III—Information

Information Regarding

367(a)(3) and Temporary Regulations

Regarding Transfer of

section 1.367(a)-2T). Additional

Transfer of Property

information is required to be attached to

Property

this form. See Temporary Regulations

Line 10. List the type of nonrecognition

sections 1.6038B-1T(c)(4)(iii) and (vii),

transaction that gave rise to the reporting

Column (a). Date of Transfer. Enter the

and 1.6038B-1T(c)(5).

obligation (e.g., section 332, 351, 354,

first date on which title to, possession of,

356, or 361).

or rights to the use of the property passed

Line 17a. If you checked the "Yes" box,

for U.S. income tax purposes. See

additional information is required to be

Line 11a. If gain recognition was required

Temporary Regulations section

attached to this form. See Temporary

with respect to any transfer reported in

1.6038B-1T(b)(4) for additional

Regulations section 1.6038B-1T(d).

Part III under section 904(f)(3), attach a

information.

statement identifying the transfer and the

Line 17b. See Temporary Regulations

amount of gain recognized.

Column (b). Description of property.

section 1.6038B-1T(d).

Provide a description of the property

Line 11b. If gain recognition was required

transferred. With respect to section

with respect to any transfer reported in

Paperwork Reduction Act Notice. We ask for the information on this form to carry out the Internal Revenue laws of the United

States. You are required to give us the information. We need it to ensure that you are complying with these laws and to allow us to

figure and collect the right amount of tax.

You are not required to provide the information requested on a form that is subject to the Paperwork Reduction Act unless the form

displays a valid OMB control number. Books or records relating to a form or its instructions must be retained as long as their contents

may become material in the administration of any Internal Revenue law. Generally, tax returns and return information are confidential,

as required by section 6103.

The time needed to complete and file this form will vary depending on individual circumstances. The estimated burden for

individual taxpayers filing this form is approved under OMB control number 1545-0074 and is included in the estimates shown in the

instructions for their individual income tax return. The estimated burden for all other taxpayers who file this form is shown below.

Recordkeeping ........................................................................................23 hr., 26 min.

Learning about the law or the form ...........................................................6 hr., 58 min.

Preparing and sending the form to the IRS ..............................................14 hr., 51 min.

If you have comments concerning the accuracy of these time estimates or suggestions for making this form simpler, we would be

happy to hear from you. See the instructions for the tax return with which this form is filed.

-3-

Instructions For Form 926 Page 3

Related Articles

Related forms

Related Categories