CCA 201138034: Revenue Procedure 94-69 submissions are qualified amended returns, not only disclosure statements

Number

201138034

Outcome

Advice

Document type

Chief Counsel Advice

IRS subject

Definition of Underpayment

Topics

Procedure, penalties, and administration

Code sections

§ 6664, § 6110

Ruling dated

July 8, 2011

Publicly released

September 23, 2011

Source

View Official PDF

Apply this to your situation

This page covers legal advice the IRS Office of Chief Counsel wrote for IRS staff, issued in 2011, which can't be cited as precedent. Ask about your situation and see what the current Code and IRS guidance say, with citations.

Not precedent. Under 26 U.S.C. § 6110(k)(3), this written determination may not be used or cited as precedent. It is advice from the IRS Office of Chief Counsel to IRS personnel on the facts they presented, and identifying details were redacted by the IRS before release. The official IRS release (linked on this page as a PDF) is the authoritative source.

About this page: The plain-English summary and ruling snapshot below were written by Ezel based on the official IRS release. The full text is the IRS's own document.

View official IRS release (PDF)

Plain-English summary

Chief Counsel Advice addressed how to describe submissions made under Rev. Proc. 94-69. The advice stated that the submissions should not be called disclosure statements because they are a form of qualified amended return. A qualified amended return may report additional tax or make disclosures without reporting additional tax. Calling every submission a disclosure statement would incorrectly suggest that it covers only the second situation. The remainder of the release is redacted.

Ruling snapshot

Question: Should submissions under Rev. Proc. 94-69 be characterized as disclosure statements?
Outcome: advice given
Key authorities: IRC § 6664; Rev. Proc. 94-69

Full text (IRS public release)

ID: CCA_2011070809054664 Number: 201138034
Release Date: 9/23/2011
Office: --------------
UILC: 6664.01-00

From: ------------------
Sent: Friday, July 08, 2011 9:05:47 AM
To: --------------------
Cc:
Subject: FW: Follow up re Rev. Proc.

I would not call the submissions under Rev. Proc. 94-69 disclosure statements. The submissions are a form of a qualified amended return (QAR). QARs can either report tax or make disclosures without reporting additional tax. When you call a submission under RP 94-69 a disclosure statement it sounds like you are describing only the latter type of submission. --------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------------------------------------

-----------------------------------------------------------------------------------------------------------------------------------------

-------------------------------------------------------------------------------------------------

----------------------------------------------------------------

---------------------------------------------------------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------

---------------------------------------------------------------------------------------------------------------------------------
------------------

Let me know if you have any questions.

What does the Code say today, for your facts?

This advice was written for IRS staff and cannot be cited. Ezel checks the current Internal Revenue Code and IRS guidance against your situation, with citations.

Opens in Ezel Pro.

Checks the law as it stands today, not only this page
Cites every source it relies on, so you can verify it
Chat, drafting and research in one workspace