IRS Form 1127 "Application for Extension of Time for Payment of Tax Due to Undue Hardship"

What Is IRS Form 1127?

This is a tax form that was released by the Internal Revenue Service (IRS) - a subdivision of the U.S. Department of the Treasury on December 1, 2020. As of today, no separate filing guidelines for the form are provided by the IRS.

Form Details:

  • A 4-page form available for download in PDF;
  • Actual and valid for filing 2021 taxes;
  • Additional instructions and information can be found on page 3 of the document;
  • Editable, printable, and free;
  • Fill out the form in our online filing application.

Download a fillable version of IRS Form 1127 through the link below or browse more documents in our library of IRS Forms.

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Download IRS Form 1127 "Application for Extension of Time for Payment of Tax Due to Undue Hardship"

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1127
Application for Extension of Time for Payment of
Form
Tax Due to Undue Hardship
OMB No. 1545-2131
(Rev. December 2020)
Department of the Treasury
Go to www.irs.gov/Form1127 for the latest information.
Internal Revenue Service
Before you begin: Use the Determination Chart later in the instructions to see if you should file this form.
Name(s) shown on return
Identifying number
Number, street, and apt., room, or suite no. If you have a P.O. box, see instructions.
City, town, or post office, state, and ZIP code. If you have a foreign address, see instructions.
Part I
Request for Extension
.
I request an extension from
, 20
, to
, 20
, to pay tax of $
Check only one box. This request is for:
.
The tax shown or required to be shown on Form
.
An amount determined as a deficiency on Form
.
This request is for calendar year 20
, or fiscal year ending
, 20
Part II
Reason for Extension
Undue hardship. Enter below a detailed explanation of the undue hardship that will result if your application is denied. (If more space
is required, please attach a separate sheet.) To establish undue hardship, you must show that you would sustain a substantial
financial loss if forced to pay a tax or deficiency on the due date. For a complete definition of “undue hardship,” see Who Should File,
later, in the instructions.
Part III
Supporting Documentation (You must check both boxes, or your application will not be accepted.)
To support my application, I certify that I have attached:
A statement of my assets and liabilities at the end of last month (showing book and market values of assets and whether
securities are listed or unlisted), and
An itemized list of my income and expenses for each of the 3 months prior to the due date of the tax.
Signature and Verification
Under penalties of perjury, I declare that I have examined this application, including any accompanying schedules and statements, and to the best of my
knowledge and belief, it is true, correct, and complete; and, if prepared by someone other than the taxpayer, that I am authorized to prepare this form.
Signature of taxpayer
Date
Signature of spouse
Date
Signature of preparer
other than taxpayer
Date
FOR IRS USE ONLY (Do not detach)
This application is
Approved
Denied
Returned:
Reason(s):
Signature of authorized official
Date
1127
For Privacy Act and Paperwork Reduction Act Notice, see instructions.
Cat. No. 17238O
Form
(Rev. 12-2020)
1127
Application for Extension of Time for Payment of
Form
Tax Due to Undue Hardship
OMB No. 1545-2131
(Rev. December 2020)
Department of the Treasury
Go to www.irs.gov/Form1127 for the latest information.
Internal Revenue Service
Before you begin: Use the Determination Chart later in the instructions to see if you should file this form.
Name(s) shown on return
Identifying number
Number, street, and apt., room, or suite no. If you have a P.O. box, see instructions.
City, town, or post office, state, and ZIP code. If you have a foreign address, see instructions.
Part I
Request for Extension
.
I request an extension from
, 20
, to
, 20
, to pay tax of $
Check only one box. This request is for:
.
The tax shown or required to be shown on Form
.
An amount determined as a deficiency on Form
.
This request is for calendar year 20
, or fiscal year ending
, 20
Part II
Reason for Extension
Undue hardship. Enter below a detailed explanation of the undue hardship that will result if your application is denied. (If more space
is required, please attach a separate sheet.) To establish undue hardship, you must show that you would sustain a substantial
financial loss if forced to pay a tax or deficiency on the due date. For a complete definition of “undue hardship,” see Who Should File,
later, in the instructions.
Part III
Supporting Documentation (You must check both boxes, or your application will not be accepted.)
To support my application, I certify that I have attached:
A statement of my assets and liabilities at the end of last month (showing book and market values of assets and whether
securities are listed or unlisted), and
An itemized list of my income and expenses for each of the 3 months prior to the due date of the tax.
Signature and Verification
Under penalties of perjury, I declare that I have examined this application, including any accompanying schedules and statements, and to the best of my
knowledge and belief, it is true, correct, and complete; and, if prepared by someone other than the taxpayer, that I am authorized to prepare this form.
Signature of taxpayer
Date
Signature of spouse
Date
Signature of preparer
other than taxpayer
Date
FOR IRS USE ONLY (Do not detach)
This application is
Approved
Denied
Returned:
Reason(s):
Signature of authorized official
Date
1127
For Privacy Act and Paperwork Reduction Act Notice, see instructions.
Cat. No. 17238O
Form
(Rev. 12-2020)
[ This page left blank intentionally ]
3
Form 1127 (Rev. 12-2020)
Page
Section references are to the Internal Revenue Code.
• Taxes on qualified investment entities.
• Taxes on greenmail.
General Instructions
• Taxes on structured settlement factoring transactions.
What’s New
• Gift taxes.
Where to file. If the tax due is a gift tax reportable on Form 709,
Form 1127 can also be filed if you receive a notice and demand for
United States Gift (and Generation-Skipping Transfer) Tax Return,
payment (or tax bill) for any of the taxes shown below and paying
send your Form 1127 to the updated address under Where To File,
them at the time they are due will cause an undue hardship.
later.
• Normal taxes and surtaxes.
Purpose of Form
• Taxes on private foundations and certain other tax-exempt
organizations.
Use Form 1127 to request an extension of time under section
6161 for payment of the following amounts.
• Taxes on qualified investments.
• The tax shown or required to be shown on a return.
• Gift taxes.
• An amount determined as a deficiency (an amount you owe
Undue hardship. The term “undue hardship” means more than an
after an examination of your return).
inconvenience. You must show you will have a substantial financial
loss (such as selling property at a sacrifice price) if you pay your tax
Determination Chart
on the date it is due.
Use this chart to determine if Form 1127 is the correct form for you
When To File
to file.
Form 1127, and its supporting documentation, should be filed as
IF you . . .
THEN . . .
soon as you are aware of a tax liability or a tax deficiency you
Are requesting to postpone
File Form 1127. See When To File,
cannot pay without causing undue hardship.
payment of the full amount of
later, for due dates.
If you are requesting an extension of time to pay the full amount
tax shown or required to be shown
of tax shown or required to be shown on an upcoming return, Form
on your return or an amount
1127 must be received on or before the due date of that return, not
determined as a deficiency
including extensions.
Are seeking an extension of
File Form 4868, Application for
If you are requesting an extension of time to pay an amount
time to file your income tax
Automatic Extension of Time To
determined as a deficiency, Form 1127 must be received on or
return
File U.S. Individual Income Tax
before the due date for payment indicated in the tax bill.
Return, or Form 2350, Application
for Extension of Time To File U.S.
Where To File
Income Tax Return. Do not file
File Form 1127 with the Internal Revenue Service (Attn: Advisory
Form 1127.
Group Manager) for the area where you maintain your legal
Are seeking an extension of
File Form 4768, Application for
residence or principal place of business. See Pub. 4235, Collection
time to pay estate (and
Extension of Time To File a
Advisory Group Numbers and Addresses, to find the address for
generation-skipping transfer)
Return and/or Pay U.S. Estate
your local advisory group.
taxes
(and Generation-Skipping
However, if the tax due is a gift tax reportable on Form 709, send
Transfer) Taxes. Do not file
Form 1127 to:
Form 1127.
Department of the Treasury
Are requesting a monthly
See Form 9465, Installment
Internal Revenue Service
installment payment plan
Agreement Request, or go to
Stop 824G
Online Payment Agreement
7940 Kentucky Drive
Application at www.irs.gov/OPA.
Florence, KY 41042-2915
Do not file Form 1127.
Extension Period
Owe any tax and are not
Call, write, or visit your local IRS
An extension of more than 6 months generally will not be granted
requesting, or do not qualify
office to discuss your situation.
to pay the tax shown on a return. However, except for taxes due
for, either a monthly installment
For more information, see Pub.
under sections 4981, 4982, and 5881, an extension for more than
payment plan or an extension of
594, The IRS Collection Process.
6 months may be granted if you are out of the country.
Do not file Form 1127.
time to pay the full amount
An extension to pay an amount determined as a deficiency is
generally limited to 18 months from the date payment is due.
Who Should File
However, in exceptional circumstances, an additional 12 months
You can file Form 1127 if you will owe any of the following, and
may be granted.
paying the tax at the time it is due will cause an undue hardship.
Note: An extension to pay a deficiency will not be granted if the
• Income taxes.
deficiency is due to negligence, intentional disregard of rules and
regulations, or fraud with intent to evade tax.
• Self-employment income taxes.
Payment Due Date
• Withheld taxes on nonresident aliens and foreign corporations.
• Taxes on private foundations and certain other tax-exempt
You must pay the tax before the extension runs out. Do not wait
organizations.
to receive a bill from the IRS.
4
Page
Form 1127 (Rev. 12-2020)
Signature and Verification
Interest. You will owe interest on any tax not paid by the due date
of the return, or the due date of any amount determined to be a
This form must be signed and dated.
deficiency, regardless of whether an extension of time to pay the
tax has been obtained. The interest runs until you pay the tax.
Individuals. If this application is for the tax shown on a joint return
or a joint tax liability for an amount determined as a deficiency,
Penalties. Penalties may be imposed if you fail to pay the tax
both you and your spouse must sign and date this form. If your
within the extension period granted.
spouse cannot sign, see Pub. 501, Exemptions, Standard
Deduction, and Filing Information.
Specific Instructions
Privacy Act and Paperwork Reduction Act Notice. We ask for
Name, Address, and Identification Number
the information on this form to carry out the Internal Revenue laws
Individuals. Enter your name, address, and social security number
of the United States. We need this information to ensure
(SSN) or individual taxpayer identification number (ITIN). If this
compliance with these laws and to properly grant extensions of
application is for the tax shown on a joint return or a joint tax
time to pay tax. Applying for an extension of time for the payment
liability for an amount determined as a deficiency, include both
of tax is voluntary. However, providing the requested information is
spouses’ names in the order in which they appear or will appear on
mandatory if you apply for the extension. Our legal right to ask for
your return, and enter the SSN or ITIN of the spouse whose name
the information requested on this form is based in sections 6001,
appears first.
6011, 6109, and 6161 and their regulations. If you fail to provide all
or part of the information requested, your application may be
Corporations. Enter your company’s name, address, and employer
denied. If you provide false or fraudulent information, you may be
identification number.
subject to penalties.
P.O. box. Enter your box number only if your post office does not
You are not required to provide the information requested on a
deliver to your street address.
form that is subject to the Paperwork Reduction Act unless the
Foreign address. Enter the information in the following order: city,
form displays a valid OMB control number. Books or records
province or state, and country. Follow the country’s practice for
relating to a form or its instructions must be retained as long as
entering the postal code. Do not abbreviate the country name.
their contents may become material in the administration of any
Internal Revenue law. Generally, tax returns and return information
Part I
are confidential, as required by section 6103. However, section
Request for extension. Enter the due date of your return (not
6103 allows or requires the Internal Revenue Service to disclose
including extensions) or the due date for paying the amount
the information to others as described in the Code. For example,
determined as a deficiency. Enter the date you propose to pay the
we may disclose this information to the Department of Justice for
tax and the amount of tax you owe. The date you propose to pay
enforcement of civil or criminal tax laws; to cities, states, the
the tax can be up to:
District of Columbia, and U.S. commonwealths or possessions to
administer their tax laws; to other countries under a tax treaty; to
• 6 months from the due date of your return (not including
federal and state agencies to enforce non-tax criminal laws; or to
extensions), if your request is for payment of the tax shown on your
federal law enforcement and intelligence agencies to combat
return (the date you propose can be more than 6 months if you are
terrorism.
out of the country); or
Estimates of taxpayer burden. The time needed to complete and
• 18 months from the date payment is due, if your request is for
file this form will vary depending on individual circumstances. The
payment of an amount determined as a deficiency (an additional 12
estimated burden for individual taxpayers filing this form is
months can be requested for a deficiency in exceptional
approved under OMB control number 1545-0074 and is included in
circumstances).
the estimates shown in the instructions for their individual income
Check the applicable box and enter the form number to which the
tax return. The estimated burden for all other taxpayers who file this
tax you owe relates. Enter the tax year, if the tax you owe is figured
form is shown below.
on a calendar year; if the tax you owe is figured on a fiscal year,
Recordkeeping .
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3 hr., 6 min.
enter the ending month, day, and year.
Learning about the
Part II
law or the form .
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. 55 min.
Reason for extension. In order for your application to be
Preparing and sending
considered, you must provide a detailed explanation of the undue
the form to the IRS .
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. 3 hr., 25 min.
hardship that will result if you pay the tax on or before the due date.
If you have comments concerning the accuracy of these time
An extension will not be granted if you provide only a general
estimates or suggestions for making this form simpler, we would
statement of hardship.
be happy to hear from you. See the instructions for the tax return
Part III
for which this form is filed.
Supporting documentation. You must attach:
• A statement(s) of your assets and liabilities, and
• An itemized list of your income and expenses for each of the 3
months prior to the due date of the tax.
Note: Once your request has been reviewed, additional conditions
may have to be met.
Page of 4