Glossary

Form 8275-R – Regulation Disclosure Statement

What is Form 8275-R – Regulation Disclosure Statement?

Form 8275-R, also known as the Regulation Disclosure Statement, is an IRS form that taxpayers use to disclose positions taken on their tax return that go against a specific Treasury regulation. By using Form 8275-R, taxpayers can avoid certain penalties if the IRS later disagrees with their interpretation of a regulation.

Related Concepts and Terms

Understanding Form 8275-R also involves familiarity with other tax concepts:

Substantial Understatement Penalty: This is the penalty you’re trying to avoid by using Form 8275-R.
Reasonable Basis: This is the legal standard for when you can avoid penalties when disclosing a position on Form 8275-R. You must have a reasonable basis for why your position is correct, and it can’t be frivolous.
Treasury Regulations: The very rules you are disclosing you are not following to the letter of the law.
Tax Court: If the IRS disagrees with your interpretation of the law, you may end up in Tax Court, which is a court that specializes in tax matters.

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