Irs Form 906 PDF Details

Navigating the complexities of tax resolutions with the Internal Revenue Service (IRS) can be a daunting task. The IRS Form 906 plays a crucial role in this process, providing a structured pathway for taxpayers to reach a conclusive agreement with the IRS on specific tax matters. This form, officially titled "Closing Agreement On Final Determination Covering Specific Matters," enables individuals, corporations, and other entities to finalize their tax obligations under the auspices of section 7121 of the Internal Revenue Code. The agreement is binding and, except in cases of fraud, malfeasance, or misrepresentation of a material fact, it marks the end of the dispute. It requires careful attention to detail, as it must be signed and filed in triplicate with all copies bearing original signatures to ensure their validity. The form covers various stipulations including the authorization requirements for representatives signing on behalf of the taxpayer and the importance of ensuring all details are accurately represented. Additionally, it acknowledges various circumstances under which an agreement might be reconsidered, underscoring its pivotal role in providing tax resolution. By facilitating a way to conclusively settle specific tax matters, Form 906 represents an important tool in the tax administration process.

QuestionAnswer
Form NameIrs Form 906
Form Length4 pages
Fillable?No
Fillable fields0
Avg. time to fill out1 min
Other namesclosing agreement template, closing agreement final determination online, 906 final specific online, usgovernment form 906

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Form 906

Department of the Treasury—Internal Revenue Service

(Rev. August 1994)

 

 

 

 

Closing Agreement On Final Determination

 

Covering Specific Matters

 

 

 

 

Under section 7121 of the Internal Revenue Code

(Taxpayer's name, address, and identifying number)

and the Commissioner of Internal Revenue make the following closing agreement:

Catalog Number 16961A

Form 906 (Rev. 8-1994)

Instructions

This agreement must be signed and filed in triplicate. (All copies must have original signatures.) The original and copies of the agreement must be identical. The name of the taxpayer must be stated accurately. The agreement may relate to one or more years.

If an attorney or agent signs the agreement for the taxpayer, the power of attorney (or a copy) authorizing that person to sign must be attached to the agreement. If the agreement is made for a year when a joint income tax return was filed by a husband and wife, it should be signed by or for both spouses. One spouse may sign as agent for the other if the document (or a copy) specifically authorizing that spouse to sign is attached to the agreement.

If the fiduciary signs the agreement for a decedent or an estate, an attested copy of the letters testamentary or the court order authorizing the fiduciary to sign, and a certificate of recent date that the authority remains in full force and effect must be attached to the agreement. If a trustee signs, a certified copy of the trust instrument or a certified copy of extracts from that instrument must be attached showing:

(1)the date of the instrument;

(2)that it is or is not of record in any court;

(3)the names of the beneficiaries;

(4)the appointment of the trustee, the authority granted, and other information necessary to show that the authority extends to Federal tax matters; and

(5)that the trust has not been terminated, and that the trustee appointed is still acting. If a fiduciary is a party, Form 56, Notice Concerning Fiduciary Relationship, is ordinarily required.

If the taxpayer is a corporation, the agreement must be dated and signed with the name of the corporation, the signature and title of an authorized officer or officers, or the signature of an authorized attorney or agent. It is not necessary that a copy of an enabling corporate resolution be attached.

Use additional pages if necessary, and identify them as part of this agreement.

Please see Revenue Procedure 68 16, C.B. 1968 1, page 770, for a detailed description of practices and procedures applicable to most closing agreements.

Catalog Number 16961A

Form 906 (Rev. 8-1994)

 

This agreement is final and conclusive except:

(1)the matter it relates to may be reopened in the event of fraud, malfeasance, or misrepresentation of material fact;

(2)it is subject to the Internal Revenue Code sections that expressly provide that effect be given to their provisions (including any stated exception for Code section 7122) notwithstanding any other law or rule of law; and

(3)if it relates to a tax period ending after the date of this agreement, it is subject to any law, enacted after the agreement date, that applies to that tax period.

By signing, the above parties certify that they have read and agreed to the terms of this document.

Your signature

 

 

 

 

 

 

 

Date Signed

 

 

 

 

 

 

 

 

 

Spouse's signature (if a joint return was filed)

 

Date Signed

 

 

 

Taxpayer's representative

 

 

Date Signed

 

 

 

 

Taxpayer (other than individual)

 

 

 

 

 

Date Signed

 

 

By

 

 

 

 

 

 

 

 

 

 

Title

 

 

 

 

 

Commissioner of Internal Revenue

 

 

 

 

By

 

 

Date Signed

 

 

 

 

 

 

Title

 

 

 

 

 

 

 

 

 

Catalog Number 16961A

Form 906 (Rev. 8-1994)

 

I have examined the specific matters involved and recommend the acceptance of the proposed agreement.

(Receiving Officer)

(Date)

(Title)

I have reviewed the specific matters involved and recommend approval of the proposed agreement.

(Reviewing Officer)

(Date)

(Title)

Catalog Number 16961A

Form 906 (Rev. 8-1994)

 

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