What information do I need to provide on Form 8937?

You need to provide the issuer's name, employer identification number (EIN), contact information, and the date of the organizational action. Additionally, you must describe the organizational action in detail, including the type of action and how it affects the basis of the securities.

Do I need to give a copy of Form 8937 to security holders?

Yes, if you are required to file Form 8937, you must give a copy of the form to each security holder of record as of the date of the organizational action and all subsequent holders up to the date you provide the copy. You can also post the completed form on your primary public website to meet this requirement.

How do I determine if an organizational action requires filing Form 8937?

You must file Form 8937 if an organizational action affects the basis of holders of a security or holders of a class of the security. Examples of such actions include mergers, acquisitions, stock splits, and certain distributions that are not dividends.

Can I report multiple organizational actions on a single Form 8937?

Yes, if multiple organizational actions occur during the same calendar year that affect the basis of the same security, you may report them on a single Form 8937 or file separate forms for each action. However, each action must be clearly identified, and the required information must be provided for each.

Fill Form 8937 2024-2025 - Report of Organizational Actions

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What is Form 8937?

Form 8937, Report of Organizational Actions Affecting Basis of Securities, is an important document submitted to the IRS to outline changes in the value of securities resulting from corporate actions such as mergers, acquisitions, or stock splits. This form ensures that both the IRS and investors have the correct information about these changes, which is vital for determining capital gains or losses when securities are sold. By promoting compliance and transparency, it helps prevent penalties and boosts investor confidence in the company.

What is Form 8937 used for?

Form 8937 is important for reporting changes that affect the value of your investments. It's designed to help you keep track of how these changes impact your taxes:

Compliance with IRS regulations: Reports corporate actions that change the basis of your securities.
Transparency for investors: Discloses details on actions that affect tax obligations.
Simplification of tax reporting: Helps determine adjusted basis and holding periods.
Avoiding tax penalties: Ensures accurate reporting to prevent IRS penalties.
Enhancing investor confidence: Provides clear information on actions and their tax effects.

How to fill out Form 8937?

1
Enter the issuer's name and EIN in the designated fields.
2
Fill out the contact information, including address and phone number.
3
Describe the organizational action and its impact on the security's basis in the appropriate section.
4
Review the information for accuracy.
5
Click Done to download your completed Form 8937.

Who is required to fill out Form 8937?

Corporate issuers of specified securities, such as stocks and options, are responsible for completing Form 8937 when organizational actions affect security bases.

Shareholders and nominees of the issuer receive Form 8937, which must be provided by January 15 following the action. If posted online, individual copies aren’t necessary, but the form must be publicly accessible for 10 years.

When is Form 8937 not required?

You do not need to file Form 8937 if the corporation shares the necessary information on its website, all holders are exempt recipients, or if an S Corporation provides basis information via Schedule K-1. Additionally, if the distribution qualifies as a dividend and is reported on Form 1099-DIV, you can skip Form 8937.

When is Form 8937 due?

The deadline for Form 8937 is 45 days after the organizational action affecting the basis of securities occurs. If the action takes place in December, the form must be filed by January 15 of the following year.

How to get a blank Form 8937?

To get a blank Form 8937, simply visit our website. The Internal Revenue Service (IRS) issues this form, and we have a blank version pre-loaded in our editor for you to fill out. Remember, our platform aids in filling and downloading forms, but not in filing them.

How to sign Form 8937 online?

To sign Form 8937, you can create an electronic signature, ensuring the signer is identified in the penalties of perjury declaration. Remember to check for the latest updates from the IRS. Once completed, you can download the form using PDF Guru, but note that submission isn't supported. Additionally, if you share the signed form, it must be posted on your public website for a decade. Use PDF Guru for all your form-filling needs!