U.S. Income Tax Compliance

Forms 8288, 8288-A, and 8288-B
• Where to file Forms 8288 and 8288-A?
– Effective January 1, 2007, send Forms 8288 and 8288-A to the
Ogden Service Center, P.O. Box 409101, Ogden, UT 84409
• Penalties
– The penalty for late filing of Form 8288 is 5% of the unpaid tax
for each month or part of a month the return is late up to 25% of
the unpaid tax
– The penalty for not paying tax when due is ½ of 1% of the unpaid
tax for each month or part of a month the tax is unpaid up to 25%
of the unpaid tax
– If withholding is required but not made, the tax and interest may
be collected from the withholding agent
– The penalty for willful failure to collect and pay over the tax is
$10,000