Independent form guide. BrieflyGo is not affiliated with or endorsed by IRS, USCIS, SSA, DOL, or any U.S. government agency. Official forms are sourced from public government websites.
Official form guide
Form 13750: Election to Participate in Announcement 2005-80 Settlement Initiative
IRS Form 13750 is an Election to Participate in Announcement 2005-80 Settlement Initiative, filed by taxpayers engaging in specific transactions. The form requires filing by January 23, 2006.
Need help with Form 13750?
Open it in the AI Editor for field guidance, checks, and PDF export.
Need help? AI Editor guides you through every field of Form 13750.
Start filling →Form Overview
IRS Form 13750 - Election to Participate in Announcement 2005-80 Settlement Initiative
IRS Form 13750 is an Election to Participate in Announcement 2005-80 Settlement Initiative, filed by taxpayers engaging in specific transactions. The form requires filing by January 23, 2006.
Risk Radar
Scan points- 1Failing to provide information by January 23, 2006, may result in being ineligible for the settlement.
- 2Filing without completing Schedule A for every transaction checked in Section II.
- 3Omitting the required IRS contact name and address (Line 9a) when applicable.
- 4Failing to attach a copy of the Power of Attorney if Box 12 is checked.
- 5Not attaching copies of amended returns when Box 13 indicates 'Yes'.
Plain English
This form allows a taxpayer to formally agree to participate in the IRS's Announcement 2005-80 Settlement Initiative for certain tax matters. By completing and submitting Form 13750, the filer opts into this program to potentially resolve their issues under specific terms. This election must be provided by January 23, 2006.
Submission Date
- Filing date: 2012-07-17 00:00:00
- Preparation window: collect IDs, supporting records, and signatures in advance.
- Final review: verify names, dates, and required fields before submission.
AI co-pilot
Fill it faster. Catch mistakes before you file.
Glossary Terms
Hover a term to preview the meaning.
What this form is for
- Use this form when you wish to participate in the Announcement 2005-80 Settlement Initiative regarding transactions you engaged in.
- Do not use this form if your tax matter is not related to a transaction covered by the Announcement 2005-80, or if you are not electing participation.
- Check Schedule A (Form 13750) when detailing specific settlement initiative transactions.
Form selector
Use this form or another form?
Received Statutory Notice of Deficiency
You must complete a separate Form 13750, Schedule A for each box checked in Section II.
✓ Check before you continue
Obtained written tax opinion from advisor
If the box is checked on Form 13750, Schedule B must be completed for each issue covered by the opinion.
✓ Check before you continue
Filed amended return(s) for transaction year(s)
You must attach a copy or copies of the amended return(s) to this election if applicable.
✓ Check before you continue
Deadline or filing window
The election must be provided by January 23, 2006. This deadline applies unless subsequent requests from the Service stipulate a different date. No explicit extension period is stated on this form itself, though one can be stipulated later.
Checklist
What you need before filling it out
Section II Checkboxes
Select the appropriate box(es) regarding your transaction status · Form 13750, Section II
Item 9a & IRS Contact Name/Address
Provide name and address of IRS contact for current or TEFRA examination/Appeals matter. · Form 13750, Page 1
Section III Ineligibility Reasons
Check all applicable boxes describing why you are ineligible (e.g., related to a promoter). · Form 13750, Section III
Schedule A Transaction Details
Provide transaction description, tax benefits, and amounts paid in Item 1 of Schedule A. · Form 13750, Page 3
Item 12 Tax Opinion Similarity
Indicate if the advisor issued similar tax opinions to other taxpayers regarding this transaction. · Form 13750, Page 4
Before you submit
- 1Check all applicable boxes in Section II indicating your transaction status.
- 2Provide the name and address of the IRS contact for your current examination (Item 9a).
- 3If applicable, attach a copy of your Power of Attorney to this election (Item 12).
- 4If you filed amended returns, ensure copies are attached to the Form 13750 (Item 13).
- 5Complete all required Schedule A forms for every transaction checked in Section II.
- 6Enter the applicable Tax Shelter Registration number if known (Item 2 on Page 3).
- 7Sign and date Section IV of the election form.
How to file this form
- 1Complete Section II by checking boxes that describe your specific settlement initiative transactions.
- 2Fill out Item 9a with the name and address of your IRS contact for examination or Appeals matter.
- 3For each transaction, complete a separate Schedule A detailing its description, tax benefits, and costs.
- 4Verify all required attachments (e.g., Power of Attorney, amended returns) are included with the Form 13750.
- 5Sign and date Section IV of the election form.
- 6Send the completed Form 13750 and all schedules/attachments to the specified address.
Known limitations
- 1A separate Form 13750, Schedule A must be completed for each transaction checked in Section II of Form 13750.
- 2A separate Form 13750, Schedule B must be submitted for each transaction checked in Section II of Form 13750 where a written tax opinion was obtained (as indicated in Section IV, Item 2).
- 3If the taxpayer is under examination or in Appeals, and if any TEFRA partnership they are a partner in is under examination or in Appeals, a copy of this Election must be sent to the IRS examiner or IRS Appeals Officer.
- 4The form requires separate completion for each transaction checked in Section II.
- 5If a written tax opinion was obtained, a separate Form 13750, Schedule B must be completed for each issue to which that opinion applies.
Field map
Compact field-by-field guide
General Info
2 items
Full legal name and taxpayer identification number (SSN or EIN).
Current mailing address.
Details
2 items
Complete all applicable sections of this form according to the official IRS instructions.
Enter the relevant dollar amount if this form involves tax calculation.
Certification
1 items
Read and acknowledge any certifications required by this form.
Signatures
1 items
Sign and date. Unsigned forms cannot be processed.
Almost done reviewing the fields?
Fillable formOpen in Editor->The current edition of IRS Form 13750 is dated October 2005 (10/05). The source does not indicate a separate page for the latest information, implying this version contains all necessary details.
What changed or needs a fresh check
- Edition date — confirm October 2005 on the form.
- Mailing address — check that the recipient address is provided for submission.
- Signature — ensure the Taxpayer signs and dates Section IV.
- Tax Matters Listed — verify all relevant notices (e.g., Notice 2003-54) are accounted for in Section II.
- Required Attachments — confirm you have attached copies of any required documents (e.g., Power of Attorney).
Quick Facts
Downloads
After you file
- 1Keep a copy of the filed IRS Form 13750.
- 2If the taxpayer is under examination or in Appeals, send a copy of this Election to the IRS examiner or IRS Appeals Officer.
- 3If an individual tax advisor provided a written opinion, complete and attach the corresponding Form 13750, Schedule B for each issue.
- 4If applicable, attach copies of any Power of Attorney (if checked on Section II).
- 5If applicable, attach copies of amended return(s) filed for any year in which the transaction occurred (if checked on Section II).
Sources
- SRCInstructions p.1 — The deadline to provide information under this Election is January 23, 2006 (or as otherwise stipulated in subsequent requests from the Service for additional information).
- SRCInstructions p.1 — A separate Form 13750, Schedule A must be completed for each box checked on Section II.
- SRCInstructions p.1 — If a Power of Attorney is indicated as 'Yes' (on Section II), a copy must be attached to this election.
- SRCInstructions p.1 — If an amended return(s) was indicated as 'Yes' (on Section II), a copy or copies must be attached to this election.
- SRCInstructions p.2 — A separate Form 13750, Schedule B must be completed for each issue if the box indicating obtaining a written tax opinion is checked.
- SRCInstructions p.2 — If under examination/Appeals, send a copy of this Election to the IRS examiner/Appeals Officer.
- SRCInstructions p.3 — A separate Schedule A must be submitted for each transaction checked in Section II.
- SRCInstructions p.4 — To comment on accuracy or suggest simplification, email [email protected] (with 'Forms Comment' on subject line) or write to the IRS Tax Forms Coordinating Committee.
Common confusion points
When do I need to file Form 13750?
The filing deadline is January 23, 2006, unless the IRS specifies another date.
What if my transaction is under examination or in Appeals?
I checked a box on Section II; what else do I need to attach for that specific transaction?
Did I get a written tax opinion? Do I need Schedule B for everything or just certain things?
If the IRS asks for more info later, does that change my original filing deadline?
Workflow map
Related forms and next steps
Before
Current
After
Often used with
⚠ If something goes wrong
- A separate Schedule A must be submitted for each transaction checked in Section II.
Questions about IRS Form 13750
What is IRS Form 13750 used for?
This form allows a taxpayer to formally agree to participate in the IRS's Announcement 2005-80 Settlement Initiative for certain tax matters. By completing and submitting Form 13750, the filer opts into this program to potentially resolve their issues under specific terms. This election must be provided by January 23, 2006.
Who must file IRS Form 13750?
Taxpayers who engaged in a transaction are required to file IRS Form 13750. The form is used when electing participation in the Announcement 2005-80 Settlement Initiative for those transactions.
What information does IRS Form 13750 require?
The form collects details about the election, including whether a Statutory Notice of Deficiency was received (Section II), if an independent tax opinion was obtained (Schedule B), and various transaction specifics on Schedule A. Line 9a requires the name and address of the IRS contact for the current examination or Appeals matter.
When is IRS Form 13750 due?
The information required under this Election must be provided by January 23, 2006, or as otherwise stipulated in subsequent requests from the Service for additional information.
Where do I file IRS Form 13750?
Completed Form 13750 and attachments should be sent to the IRS. If the taxpayer is under examination (or in Appeals), a copy must also be sent to the IRS examiner (or IRS Appeals Officer).
How do I complete IRS Form 13750?
The filer must complete all applicable sections, including checking boxes regarding the transaction status. If electing participation based on a written tax opinion, Schedule B is completed for each issue. Finally, the Taxpayer signs and dates the form in Section IV before sending it.
What happens if IRS Form 13750 is filed incorrectly?
If the filer does not provide the required information, the law states that the Internal Revenue Service may have to charge penalties and, in certain cases, subject the taxpayer to criminal prosecution.
Source transparency
Copyright & Licensing - US Government Forms
BrieflyGo links to and explains official public form sources. We are not a government agency, and this page is for general form guidance, not legal advice.
Understand the agreement before you sign it.
Review risky clauses in plain English, fix the document, and keep it moving toward signature.