Form 843 2022 Printable, Fillable PDF – In the United States, Form 843 is a multipurpose tax document produced by the Internal Revenue Service (IRS) that taxpayers may use to file a claim for a refund of certain assessed taxes or to seek abatement of interest or penalties that have been imposed by mistake.
- Form 843 is used to seek a refund of certain assessed taxes or to request an abatement of interest or penalties that have been incorrectly imposed by the Internal Revenue Service.
- The form must be submitted no later than two years after the date on which taxes were paid or three years after the date on which the return was filed, whichever is the later of the two dates.
- For each sort of tax or charge, as well as for each tax year, a different form must be submitted to the IRS.
Form 843: Request For Refund And Abatement Is A Document That Is Used To Request A Refund Or Abatement
Form 843 may be used to request an abatement from the Internal Revenue Service for various taxes other than income taxes, such as:
- Taxes on estates and gifts
- Interest or penalties incurred as a result of IRS mistakes or delays, or as a result of inaccurate written guidance from the IRS,
- By contacting the Social Security Administration, it is possible to get a refund of Social Security or Medicare taxes that have been withheld in error and for which the employer will not amend the over-collection.
Form 843 cannot be used to modify a previously filed income tax return or employment tax return in order to do any of the following:
- Make a claim for a refund of any agreement, offer-in-compromise, or lien costs that you have paid.
- Submit a request for a reduction in gift or estate taxes.
- Reclaim or get your Federal Insurance Contributions Act (FICA) tax reduced or eliminated.
- Make a claim for a refund or abatement of the Railroad Retirement Tax Act tax that you paid.
- Make a claim for a refund or a reduction in the amount of income tax withheld.
Who Is Eligible To Submit Form 843: Claim For Refund And Request For Abatement To The IRS?
There are a variety of reasons why a taxpayer may need to submit Form 843. This includes situations when a taxpayer’s employer withholds an excessive amount of income tax, social security tax, or Medicare tax from a paycheck and refuses to make the necessary changes. This form may also be submitted on behalf of a taxpayer by his or her designated representative.
Another reason to submit this form may be as a consequence of an IRS mistake or a delay in processing your tax return. This occurs when a taxpayer is incorrectly charged interest, fines, or increases in tax that are not owed by the taxpayer. In some cases, a taxpayer may request that the Internal Revenue Service (IRS) correct the error(s) by filing a refund or abatement claim.
In most cases, a separate Form 843 must be completed for each form of tax or charge, as well as for each fiscal year.
If the IRS determines that a taxpayer has claimed an excessive amount of refund, it may levy a penalty equal to 20% of the amount determined by the IRS to be excessive.
The Form 843: Claim For Refund And Request For Abatement Should Be Filed In The Following Manner
In addition to the aforementioned information, Form 843 also requires the following: name, address, Social Security number, tax period, tax type, and return type. It necessitates a detailed explanation of the facts and problems that support your claim for a refund or abatement of your debt. On Line 4 of your penalty abatement request, you must provide the Internal Revenue Code (IRC) section number of the penalty you are requesting. The section number for this section may be found on the IRS notification that you received. Then, in Section 5a, you’ll have to choose a rationale for making your request. The options are as follows:
- As a consequence of IRS mistakes or delays, interest was imposed on the account.
- The Internal Revenue Service provided incorrect textual material.
- Reasonable cause or another factor other than incorrect written advice may exist.
Section 7 provides you with the opportunity to provide an explanation of your request. Keep in mind that you should back up your arguments with data and mathematical calculations. If you want extra room, the IRS permits you to attach additional pages to your filing.