Understanding the purpose of a tax form or schedule is never a pleasant experience. That's why we created a comprehensive tax form library, showcasing the most frequently used tax forms and schedules you may encounter. We believe the process of staying compliant with your taxes should be as effortless as possible.
General Information
- What is the form number? Form 1127
- What government agency is it filed with? The Internal Revenue Service (IRS)
- What is the form name? U.S. Individual Income Tax Return
- What is this form about? Form 1127 is a document used by individuals and entities to request an extension of time for payment of taxes when they can demonstrate that paying on the regular due date would result in an undue hardship. By submitting this form, the applicant seeks relief from potential penalties associated with late payments. However, it's important to note that this extension is for payment of taxes and not for filing a tax return.
What does it look like?
Resources
Looking for more information about this form? Here are some helpful resources:
- About the form - https://www.irs.gov/forms-pubs/about-form-1127
- Example copy of the form - https://www.irs.gov/pub/irs-pdf/f1127.pdf
How can we help you today?
Looking for more information about this or other tax forms? The tax team at DiMercurio Advisors are tax compliance experts. We are passionate about ensuring you are well-informed and in control of your tax situation.