From Guidewire <[email protected]>
Subject N-2025-02: Additional Time for Partnerships to Provide Complete Forms 8308 for Section 751(a) Exchanges Occurring in Calendar Year 2024
Date December 13, 2024 5:40 PM
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IRS GuideWire December 13, 2024

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Issue Number:    N-2025-02

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Notice 2025-02 [ [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, 2025, to the transferor and transferee in certain transfers of partnership interests occurring in calendar year 2024. 

Notice 2025-02 will be in IRB:  2025-3, dated January 13, 2025.

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