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Form 843 Illinois: What You Should Know
It is the only way to request an abatement and does not entitle the taxpayer to any relief. In this form, the taxpayer has the choice to ask for an abatement of charges under either: (1) Code Section 164(a)(1), which requires payment of tax; or (2) Code Section 164(a)(2), which does not require payment of tax and contains no other specific terms. The reason this form is called Form 843 is because of its name: the balance. Form 843 Balance ¶ The balance that must be entered on Form 843 is a separate, individual balance from the original form because a refund or abatement of charges under Internal Revenue Code Section 164(a)(1) can be determined only by the balance on Form 843. What Do I Do If I Think I Have Tax Liabilities that I Want To Abate? You can use IRS Form 843 to ask the IRS for an abatement of taxes, interest (and penalties) you owe. If the IRS does not comply with the relief request, you may then ask the court for an order. In addition, IRS Form 843 is the ONLY form you must use to request an abatement of taxes, interest, and penalties owed on the Form 706 or 709 you filed with the IRS. You must use Form 843 from the time you receive it to the IRS effective date of that individual income tax return. If you receive a return that was previously filed on the date of the Form 843, you will need to fill out another complete tax return and file it using the new form. To request an abatement of taxes, interest, and penalties on your Form 706 or 709, you should answer the questions on IRS Form 843,� claim for refund and request for abatement and penalty relief”. A Form 843 also must indicate the nature of the relief requested (such as a request for an abatement). To qualify for an abatement under Section 164(a)(2), the relief must be in the form of a payment that does not include a tax. The relief that is eligible for abatement under Section 164(a)(1) must be in the form of a refund or a reduction of taxes or interest, or an admission of an error or error of fact for tax purposes.
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