Farm CPA Report

Farm CPA Report

IRS Grants Relief on Filing Certain Partnership Forms

The IRS updates a Regulation to delay the due date on filing Form 8308

Paul Neiffer's avatar
Paul Neiffer
Aug 20, 2025
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The IRS just issued proposed regulations dealing with the filing due date of Part IV of Form 8308.

This Form provides information to the IRS and partners regarding the amount of gain related to Section 751 assets. Section 751 gain is ordinary income and includes unrealized receivables, appreciated inventories and Section 1245 recapture.

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