U.S. Income Tax Compliance

Forms 8288, 8288-A, and 8288-B
• When to file Forms 8288 and 8288-A
– The form must be filed and the tax must be paid
within 20 days after the date of the transfer
– If a withholding certificate was applied for, the form
and tax need not be filed until the 20 th day after the
day the IRS mails a copy of the withholding certificate
or notice of denial
– In the case of an installment sale, the full amount of
the withholding should be made at the time of the first
installment payment