IRS Form 14429 Tax Exempt Bonds Voluntary Closing Agreement Program Request

What Is IRS Form 14429?

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 February 1, 2020. As of today, no separate filing guidelines for the form are provided by the IRS.

FAQ

Q: What is IRS Form 14429?A: IRS Form 14429 is a form used for requesting participation in the Tax Exempt Bonds Voluntary Closing Agreement Program.

Q: What is the Tax Exempt Bonds Voluntary Closing Agreement Program?A: The Tax Exempt Bonds Voluntary Closing Agreement Program is a program that allows issuers of tax-exempt bonds to correct certain violations of federal tax laws.

Q: Who can use IRS Form 14429?A: Issuers of tax-exempt bonds who want to participate in the Voluntary Closing Agreement Program can use IRS Form 14429.

Q: What violations can be corrected through this program?A: The program allows issuers to correct violations related to the issuance, use, and retirement of tax-exempt bonds.

Q: Is participation in the program mandatory?A: Participation in the program is voluntary.

Q: Is there a fee to participate in the program?A: Yes, there is a fee associated with participating in the program. The fee amount can be found in the IRS instructions for Form 14428.