Our Form 8038 is due November 15, 2001, and it appears that we will not be able to timely file. Can we get an extension of time to file?
If the issuer can demonstrate that it was unable to timely file because (a) it is located in one of the counties designated as a federal disaster area, (b) the records necessary to meet the filing deadline are maintained in one of the designated counties, (c) the conduit borrower is located in a designated county, (d) the counsel to the issuer or conduit borrower or bond counsel for the issue is located in such an area, or (e) the professional on whom the issuer relies for ensuring compliance with the filing requirements under section 149(e) of the Code is located in a designated county, the issuer has an automatic extension of 6 months and 120 days to file its Form 8038. If the issuer does not meet the definition of an “affected issuer” under this announcement and the failure to timely file is not due to “willful neglect,” the issuer may request relief from the Ogden Service Center under Revenue Procedure 88-10, 1988-1 C.B. 635.
Related Questions
- Our Form 8038 is due November 15, 2001, and it appears that we will not be able to timely file. Can we get an extension of time to file?
- I heard that short plan year filers have a 90-day extension of time to file their Form 5500. Is that true?
- Can filers request an extension of time to file their Form 5500/Form 5500-EZ?
