The IRS released a new form, Form Ao 398, on July 21, 2017. The form is designed to help individuals and businesses track their cryptocurrency transactions. Although the form has been released, it is not yet mandatory to use. The IRS plans to make the form mandatory in early 2018. Until then, taxpayers are encouraged to use the form to help ensure they are reporting their cryptocurrency transactions correctly. Cryptocurrency has become increasingly popular in recent years. Transactions involving cryptocurrency can be complex, and it is important to report them correctly to avoid penalties from the IRS. Form Ao 398 can help taxpayers do just that. The form will help taxpayers track their purchases and sales of cryptocurrency, as well as any other related transactions. It is important
| Question | Answer |
|---|---|
| Form Name | Ao 398 Form |
| Form Length | 1 pages |
| Fillable? | No |
| Fillable fields | 0 |
| Avg. time to fill out | 15 sec |
| Other names | ao 398, how to ao 398, ao 398 online, lawsuit request waive summons |
AO 398 (Rev. 01/09) Notice of a Lawsuit and Request to Waive Service of a Summons
UNITED STATES DISTRICT COURT
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__________ District of __________ |
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Plaintiff |
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v. |
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Civil Action No. |
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Defendant |
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NOTICE OF A LAWSUIT AND REQUEST TO WAIVE SERVICE OF A SUMMONS
To:
(Name of the defendant or - if the defendant is a corporation, partnership, or association - an officer or agent authorized to receive service)
Why are you getting this?
A lawsuit has been filed against you, or the entity you represent, in this court under the number shown above. A copy of the complaint is attached.
This is not a summons, or an official notice from the court. It is a request that, to avoid expenses, you waive formal service of a summons by signing and returning the enclosed waiver. To avoid these expenses, you must return the signed
waiver within |
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days (give at least 30 days, or at least 60 days if the defendant is outside any judicial district of the United States) |
from the date shown below, which is the date this notice was sent. Two copies of the waiver form are enclosed, along with a stamped,
What happens next?
If you return the signed waiver, I will file it with the court. The action will then proceed as if you had been served on the date the waiver is filed, but no summons will be served on you and you will have 60 days from the date this notice is sent (see the date below) to answer the complaint (or 90 days if this notice is sent to you outside any judicial district of the United States).
If you do not return the signed waiver within the time indicated, I will arrange to have the summons and complaint served on you. And I will ask the court to require you, or the entity you represent, to pay the expenses of making service.
Please read the enclosed statement about the duty to avoid unnecessary expenses.
I certify that this request is being sent to you on the date below.
Date:
Signature of the attorney or unrepresented party
Printed name
Address
Telephone number