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8824 instructions Form: What You Should Know

The number of shares is not important. It doesn't matter which way you put on the transferor. A transferor that signs the Form 8824 with the IRS must file it with the IRS using the same identification number used when you signed your relinquishment. In other words, a transferor that signs the Form 8824 must include the same number on both the Form 8824 and the relinquishment documents. If you signed your relinquishment with a person for whom you are a joint owner, you must be prepared to provide his HUD-1 number and the date of the relinquishment. THE RULES This form is an example of an actual relinquishment of a principal residence, that is, a written relinquishment made by a person to give up title to the residence and a copy of the acknowledgment of receipt. It is not a final act, and does not establish ownership at all. You are responsible for making all other arrangements needed to transfer real property that you are entitled to take title to or that you are to give up.  Each time that you must file a federal form, and each time that the IRS requires you to file a federal form, you are to complete a Form 8824, which is attached here with this e-mail. This form is used to determine whether you must report on an income tax return the gain that is deferred because of a like-kind exchange. In any situation in which you do not file a federal form, you are not required to report the gain on your federal tax return. This form is a simple means of reporting the gain that you deferred by giving up title to your principal residence. Each person who signs the form is responsible for providing the required information. You are not required to provide the IRS any information for which no form is required to be filed. This information can be obtained form IRS Publication 551, Tax for Individuals, Estate, and Gift Tax Purposes, which is available from the IRS website, The form can be signed by you, the person giving up title, a person who is a joint owner, or a person who signs the form on behalf of another person. The statement signed by the original signer or that attached to the Form 8824 must be substantially in form and contain information which would enable the IRS to determine whether the principal residence of the person receiving this form has been made over.

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How to complete any Form 8824 online:

  1. On the site with all the document, click on Begin immediately along with complete for the editor.
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