Irs Form 4549 PDF Details

Every year, millions of Americans are required to file taxes with the IRS. The process can be quite complex, especially for those who are not familiar with tax forms and their contents. One such form is IRS Form 4549, which is used to determine a taxpayer's correct tax liability. This form can be quite complicated, so it is important that taxpayers understand its contents before filing. In this blog post, we will provide an overview of IRS Form 4549 and explain what information it contains. We will also provide tips for completing this form accurately and efficiently.

You will find information regarding the type of form you need to prepare in the table. It can show you how much time it will take to fill out irs form 4549, what fields you will have to fill in, and so on.

QuestionAnswer
Form NameIrs Form 4549
Form Length2 pages
Fillable?No
Fillable fields0
Avg. time to fill out30 sec
Other names4549 irs form, form 4549 irs, how to fill out irs form 4549, 4549

Form Preview Example

Form 4549

 

Department of the Treasury-Internal Revenue Service

 

 

 

 

 

 

 

 

 

Income Tax Examination Changes

 

 

 

Page

 

of

 

 

(Rev. May 2008)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Name and Address of Taxpayer

 

Taxpayer Identification Number

 

Return Form No.:

Jack and Susan Anson

 

XXX-XX-XXXX

 

 

 

1040

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Person with whom

Name and Title:

 

 

 

 

 

 

 

 

examination

 

 

Jack and Susan Anson

 

 

 

 

changes were

 

 

 

 

 

 

 

 

 

 

 

 

discussed.

 

 

 

 

 

 

 

 

1.

Adjustments to Income

 

Period End

 

Period End

Period End

 

12-31-XX

 

12-31-XX

12-31-XX

 

 

 

 

 

a. Itemized Deductions

 

XXXXX

 

 

XXXXX

 

 

XXXXX

b. Standard Deduction

 

 

 

 

 

 

 

 

(XXXXX)

c.

 

 

 

 

 

 

 

 

 

 

 

 

d.

 

 

 

 

 

 

 

 

 

 

 

 

e.

 

 

 

 

 

 

 

 

 

 

 

 

f.

 

 

 

 

 

 

 

 

 

 

 

 

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h.

 

 

 

 

 

 

 

 

 

 

 

 

i.

 

 

 

 

 

 

 

 

 

 

 

 

j.

 

 

 

 

 

 

 

 

 

 

 

 

k.

 

 

 

 

 

 

 

 

 

 

 

 

l.

 

 

 

 

 

 

 

 

 

 

 

 

m.

 

 

 

 

 

 

 

 

 

 

 

 

n.

 

 

 

 

 

 

 

 

 

 

 

 

o.

 

 

 

 

 

 

 

 

 

 

 

 

p.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2.

Total Adjustments

 

XXXXX

 

 

XXXXX

 

 

XXXX

3.Taxable Income Per Return or as Previously Adjusted

4.Corrected Taxable Income

Tax Method

Tax Table

Tax Table

Tax Table

Filing Status

Joint

Joint

Joint

5.Tax

6.Additional Taxes / Alternative Minimum Tax

7.Corrected Tax Liability

8.Less a. Credits b. c. d.

9.Balance (Line 7 less Lines 8a through 8d)

10.Plus a. Other b. Taxes c. d.

11.Total Corrected Tax Liability (Line 9 plus Lines 10a through 10d)

12.Total Tax Shown on Return or as Previously Adjusted

13.Adjustments to: a.

b.

c.

14.Deficiency-Increase in Tax or (Overassessment­Decrease in Tax) (Line 11 less Line 12 adjusted by Lines 13a through 13c)

15.Adjustments to Prepayment Credits - Increase (Decrease)

16.Balance Due or (Overpayment) - (Line 14 adjusted by Line 15)

(Excluding interest and penalties)

XXXX.XX

XXXX.XX

XXX.XX

The Internal Revenue Service has agreements with state tax agencies under which information about federal tax, including increases or decreases, is exchanged with the states. If this change affects the amount of your state income tax, you should amend your state return by filing the necessary forms.

You may be subject to backup withholding if you underreport your interest, dividend, or patronage dividend income you earned and do not pay the required tax. The IRS may order backup withholding (withholding of a percentage of your dividend and/or interest income) if the tax remains unpaid after it has been assessed and four notices have been issued to you over a 120-day period.

Catalog Number 23105A

www.irs.gov

Form 4549 (Rev. 5-2008)

Form 4549

 

 

Department of the Treasury-Internal Revenue Service

 

 

 

 

 

 

 

 

 

Income Tax Examination Changes

 

 

Page

 

of

 

 

 

(Rev. May 2008)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Name of Taxpayer

 

Taxpayer Identification Number

 

Return Form No.:

 

Jack and Susan Anson

 

XXX-XX-XXXX

 

 

 

1040

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

17. Penalties/ Code Sections

 

Period End

Period End

Period End

 

 

12-31-XX

12-31-XX

12-31-XX

 

a. Accuracy Related Penalty - IRC 6662

XXX.XX

 

XXX.XX

 

 

XX.XX

 

b.

 

 

 

 

 

 

 

 

 

 

c.

 

 

 

 

 

 

 

 

 

 

d.

 

 

 

 

 

 

 

 

 

 

e.

 

 

 

 

 

 

 

 

 

 

f.

 

 

 

 

 

 

 

 

 

 

g.

 

 

 

 

 

 

 

 

 

 

h.

 

 

 

 

 

 

 

 

 

 

i.

 

 

 

 

 

 

 

 

 

 

j.

 

 

 

 

 

 

 

 

 

 

k.

 

 

 

 

 

 

 

 

 

 

l.

 

 

 

 

 

 

 

 

 

 

m.

 

 

 

 

 

 

 

 

 

 

n.

 

 

 

 

 

 

 

 

 

 

18.Total Penalties

Underpayment attributable to negligence: (1981­1987) A tax addition of 50 percent of the interest due on the underpayment will accrue until it is paid or assessed.

Underpayment attributable to fraud: (1981­1987)

A tax addition of 50 percent of the interest due on the underpayment will accrue until it is paid or assessed.

Underpayment attributable to Tax Motivated Transactions (TMT). The interest will accrue and be assessed at 120% of the under­ payment rate in accordance with IRC §6621(c)

19.Summary of Taxes, Penalties and Interest:

a.

Balance due or (Overpayment) Taxes - (Line 16, Page 1)

XXXX.XX

XXXX.XX

XXX.XX

b.

Penalties (Line 18) - computed to

 

XXX.XX

XXX.XX

XX.XX

c.

Interest (IRC § 6601) - computed to

 

XXX.XX

XXX.XX

XX.XX

d.

TMT Interest - computed to

(on TMT underpayment)

 

 

 

e.

Amount due or (refund) ­ (sum of Lines a, b, c and d)

XXXX.XX

XXXX.XX

XXXX.XX

Other Information:

Examiner's Signature:

Employee ID:

XXXXXXX

Office:

SBSE- Exam

Date:

XX-XX-XXXX

Consent to Assessment and Collection- I do not wish to exercise my appeal rights with the Internal Revenue Service or to contest in the United States Tax Court the findings in this report. Therefore, I give my consent to the immediate assessment and collection of any increase in tax and penalties, and accept any decrease in tax and penalties shown above, plus additional interest as provided by law. It is understood that this report is subject to acceptance by the Area Director, Area Manager, Specialty Tax Program Chief, or Director of Field Operations.

PLEASE NOTE: If a joint return was filed. BOTH taxpayers must sign

Signature of Taxpayer

Date:

Signature of Taxpayer

 

 

 

Date:

By:

Title:

Date:

Catalog Number 23105A

www.irs.gov

Form 4549 (Rev. 5-2008)

Watch Irs Form 4549 Video Instruction

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