IRS Form: Form 965-A Instructions (IRC §965)

Instructions to Form 965-A, Individual Report of Net 965 Tax Liability, released January 22 to reflect changes from the 2017 tax act, Pub. L. No. 115-97, to reflect new tax code Section 965‘s inclusion of deferred foreign income upon transition to participation exemption system. The instructions note that any individual taxpayer (or taxpayer taxed like an individual) who has a net Section 965 tax liability for any tax year or has any net Section 965 tax liability remaining unpaid at any time during a tax year must file the form. Form 965-A is ...