Changes to the 2011 Schedule A (Form 8804), Penalty for Underpayment of Estimated Section 1446 Tax by Partnerships and instructions -- 03-MAY-2012
On February 22, 2012, Section 7001 of PL 112-96, Middle Class Tax Relief and Job Creation Act of 2012, repealed section 505 of PL 112-41, and section 502 of PL 112-43, which had required numerous changes to the 2011 Schedule A (Form 8804) and instructions. Although the 2011 Schedule A (Form 8804) and instructions will not be reissued, note the below changes.
For the 2011 Schedule A (Form 8804), disregard the following items as they no longer apply:
- On page 1, the last check box in Part I.
- On page 1, the last sentence of Part III, line 5.
- On page 4, the “Note” on Part VI, line 40.
For the 2011 Instructions for Schedule A (Form 8804), disregard the following items as they no longer apply:
- On page 1, the first bullet item under the “What’s New.”
- On page 1, the last item (number 3) under “Who Must File.”
- On page 2, the last section (entitled “Certain fiscal tax year partnerships with assets of $1 billion or more”) under the instructions for Part I.
- On page 2, the instructions for Part III, line 5.
Page Last Reviewed or Updated: 2012-08-04
