Collection Information Statements Revised
NOTE: This headliner is current through the publication date. Since changes may have occurred, no guarantees are made concerning the technical accuracy after the publication date.
Headliner Volume 334
December 28, 2012
The IRS revised two forms used when obtaining financial information to determine how taxpayers can settle their tax liabilities:
- Form 433-A (PDF), Collection Information Statement for Wage Earners and Self-Employed Individuals
- Form 433-B (PDF), Collection Information Statement for Businesses
Based on suggestions from employees and practitioners, the IRS updated the forms to revise some of the questions and to modify the requirement to provide supporting documentation.
Taxpayers and practitioners may begin using the new forms immediately, but the IRS will continue to accept the January 2008 versions of the forms until June 1, 2013.
An updated Publication 1854 (PDF), How to prepare a Collection Information Statement (Form 433-A) and a new Publication 5059 (PDF), How to prepare a Collection Information Statement (Form 433-B), are also available.
The revised Collection Information Statement forms and related publications will be included on the 2012 IRS Tax Products DVD.