Federal Individual Report of Net 965 Tax Liability

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Individual Report of Net 965 Tax Liability
Form 965-A (Rev. January 2021)Form

965-A

Individual Report of Net 965 Tax Liability

(Rev. January 2021)
Department of the Treasury
Internal Revenue Service

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Check this box if this is an amended report

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OMB No. 1545-0074

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Taxable year of reporting

(b)
Taxpayer’s Net Tax Liability
with all
965 amounts
(see instructions)

(c)
Taxpayer’s Net Tax Liability
without
965 amounts
(see instructions)

(d)
Net 965 Tax Liability
(subtract column (c) from column (b))

(e)
S Corporation Shareholder Total
Deferred Net 965 Tax Liability
(line total from Part III, column (g),
see instructions)

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2017
2018
2019
2020

(f)
Net 965 Tax Liability
eligible for installment payment election
(subtract column (e) from column (d),
see instructions)

(g)
Installment
Election
Made
Yes

No

(h)
Net 965 Tax Liability
to be paid in full for Year 1
(if column (g) is “No,” enter amount
from column (f))

(i)
Net 965 Tax Liability
to be paid in installments
(if column (g) is “Yes,” enter amount
from column (f) and see instructions)

(j)
Net 965 Tax Liability
Transferred (Out), Transferred In,
or Subsequent Adjustments, if any
(see instructions)

(k)
Tax Identification Number
of buyer/transferee or
seller/transferor

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Part II

Record of Amount of Net 965 Tax Liability Paid by the Taxpayer (see instructions)

(a)
Year of Section 965(a)
Inclusion, Liability Assumed,
or Triggering Event

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Report of Net 965 Tax Liability and Election To Pay in Installments

(a)
Year of Section 965(a)
Inclusion, Liability Assumed,
or Liability Triggering Event
(see instructions)

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Identifying number

Name of taxpayer with a net 965 tax liability

Part I

Attachment
Sequence No. 76A

Go to www.irs.gov/Form965A for instructions and the latest information.

(b)
Paid for Year 1

(c)
Paid for Year 2

(d)
Paid for Year 3

(e)
Paid for Year 4

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2017
2018
2019
2020

For Privacy Act and Paperwork Reduction Act Notice, see the separate instructions.

(f)
Paid for Year 5

Cat. No. 71277H

Form 965-A (Rev. 1-2021)

Page 2

Form 965-A (Rev. 1-2021)

Part II

Record of Amount of Net 965 Tax Liability Paid by the Taxpayer (continued)
(g)
Paid for Year 6

(h)
Paid for Year 7

(j)
Net 965 Tax Liability Remaining Unpaid
(see instructions)

(i)
Paid for Year 8

(k)
Net 965 Tax Liability
Paid for the Reporting Year

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Totals .

Part III

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Total
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Total
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Total
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Total

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S Corporation Shareholder: Report of Calculation of Net 965 Tax Liability Related to 965 Amounts Allocated From an S Corporation and
Election To Defer Such Net 965 Tax Liability
(a)
S Corporation Name

Year
of
965(a)
Inclusion

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(c)
Taxpayer’s Net Tax Liability
with only 965 amounts
from this S Corporation
(see instructions)

(b)
S Corporation
Tax Identification
Number

(e)
(d)
Net 965 Tax Liability
Taxpayer’s Net Tax Liability
related to 965 amounts from
without 965 amounts
this S Corporation (subtract
(see instructions)
column (d) from column (c))

(f)
Deferral
Election
Made
Yes
No

(g)
Deferred Net 965 Tax Liability
(if column (f) is “Yes,” enter
amount from column (e))

2017

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2018

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2019

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2020

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Form 965-A (Rev. 1-2021)

Page 3

Form 965-A (Rev. 1-2021)

Part IV

Annual Report of Deferred Net 965 Tax Liability Related to 965 Amounts Allocated From S Corporations
(required every year until the liability is fully paid)
(a)
Election or
Transfer Year

(b)
S Corporation Name

(c)
S Corporation
Tax Identification Number

(d)
Beginning Deferred
Net 965 Tax Liability
(see instructions)

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(g)
Deferred 965 Net Tax Liability
Transferred (Out) or
Transferred In by Agreement, if any
(see instructions)

(f)
Net 965 Tax Liability
Triggered
(see instructions)

(e)
Reserved for Future Use

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Total . . . . . . . . . . . . . . . . . . . . . . .
If more lines are needed for any Part on this form, attach additional sheets.

(h)
Tax Identification Number
of Transferee or Transferor

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(i)
Deferred Net Tax Liability
at the end of this Reporting Year
(add columns (d), (f), and (g))
(see instructions)

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Form 965-A (Rev. 1-2021)

Extracted from PDF file 2023-federal-965-a.pdf, last modified December 2020

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More about the Federal 965-A Corporate Income Tax TY 2023

We last updated the Individual Report of Net 965 Tax Liability in February 2024, so this is the latest version of 965-A, fully updated for tax year 2023. You can download or print current or past-year PDFs of 965-A directly from TaxFormFinder. You can print other Federal tax forms here.

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Form Sources:

The Internal Revenue Service usually releases income tax forms for the current tax year between October and January, although changes to some forms can come even later. We last updated Federal 965-A from the Internal Revenue Service in February 2024.

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About the Corporate Income Tax

The IRS and most states require corporations to file an income tax return, with the exact filing requirements depending on the type of company.

Sole proprietorships or disregarded entities like LLCs are filed on Schedule C (or the state equivalent) of the owner's personal income tax return, flow-through entities like S Corporations or Partnerships are generally required to file an informational return equivilent to the IRS Form 1120S or Form 1065, and full corporations must file the equivalent of federal Form 1120 (and, unlike flow-through corporations, are often subject to a corporate tax liability).

Additional forms are available for a wide variety of specific entities and transactions including fiduciaries, nonprofits, and companies involved in other specific types of business.

Historical Past-Year Versions of Federal 965-A

We have a total of six past-year versions of 965-A in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:

2023 965-A