From Guidewire <[email protected]>
Subject N-2024-19: Penalty Relief for Partnerships to Provide Form 8308
Date January 11, 2024 5:08 PM
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IRS GuideWire January 11, 2024

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*Issue Number: *   N-2024-19

*Inside This Issue*
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Notice 2024-19 [ [link removed] ] provides relief from certain penalties imposed solely for failure of a partnership with unrealized receivables or inventory items to furnish Part IV of Form 8308, Report of a Sale or Exchange of Certain Partnership Interests, by January 31, 2024, to the transferor and transferee in certain transfers of partnership interests that occurred in calendar year 2023.

Notice 2024-19 will be in IRB: 2024-5, dated 01/29/2024.

 

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