(Rev. December 2024)

1127

Form

(Rev. December 2024)

Department of the Treasury

Internal Revenue Service

Application for Extension of Time for Payment of

Tax Due to Undue Hardship

OMB No. 1545-2131

Go to www.irs.gov/Form1127 for the latest information.

Before you begin: Use the Determination Chart later in the instructions to see if you should file this form.

Identifying number

Name(s) shown on return

Number; street; and apt., room, or suite no. If you have a P.O. box, see instructions.

City, town, or post office; state; and ZIP code. If you have a foreign address, see instructions.

Part I

Request for Extension

I request an extension from

, 20

, to

Check only one box. This request is for:

The tax shown or required to be shown on Form

An amount determined as a deficiency on Form

This request is for calendar year 20

, or fiscal year ending

Part II

, 20

, to pay tax of $

, 20

.

.

.

.

Reason for Extension

Undue hardship. Enter below a detailed explanation of the undue hardship that will result if your application is denied. (If more space

is required, please attach a separate sheet.) To establish undue hardship, you must show that you would sustain a substantial

financial loss if forced to pay a tax or deficiency on the due date. For a complete definition of “undue hardship,” see Who Should File,

later, in the instructions.

Part III

Supporting Documentation (You must check both boxes, or your application will not be accepted.)

To support my application, I certify that I have attached:

A statement of my assets and liabilities at the end of last month (showing book and market values of assets and whether

securities are listed or unlisted), and

An itemized list of my income and expenses for each of the 3 months prior to the due date of the tax.

Signature and Verification

Under penalties of perjury, I declare that I have examined this application, including any accompanying schedules and statements, and to the best of my

knowledge and belief, it is true, correct, and complete; and, if prepared by someone other than the taxpayer, that I am authorized to prepare this form.

Signature of taxpayer

Date

Signature of spouse

Date

Signature of preparer

other than taxpayer

Date

FOR IRS USE ONLY (Do not detach)

This application is

Approved

Denied

Returned:

Reason(s):

Date

Signature of authorized official

For Privacy Act and Paperwork Reduction Act Notice, see instructions.

Cat. No. 17238O

Form 1127 (Rev. 12-2024)

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Page 3

Form 1127 (Rev. 12-2024)

Section references are to the Internal Revenue Code.

• Taxes on qualified investment entities.

General Instructions

• Taxes on greenmail.

What’s New

• Gift taxes.

• Taxes on structured settlement factoring transactions.

Form 709-NA. If the tax due is a gift tax reportable on Form

709-NA, United States Gift (and Generation-Skipping Transfer) Tax

Return of Nonresident Not a Citizen of the United States, send your

Form 1127 to the address under Where To File, later.

Purpose of Form

Use Form 1127 to request an extension of time under section

6161 for payment of the following amounts.

Form 1127 can also be filed if you receive a notice and demand for

payment (or tax bill) for any of the taxes shown below and paying

them at the time they are due will cause an undue hardship.

• Normal taxes and surtaxes.

• Taxes on private foundations and certain other tax-exempt

organizations.

• Taxes on qualified investments.

• The tax shown or required to be shown on a return.

• Gift taxes.

• An amount determined as a deficiency (an amount you owe

after an examination of your return).

Undue hardship. The term “undue hardship” means more than an

inconvenience. You must show you will have a substantial financial

loss (such as selling property at a sacrifice price) if you pay your tax

on the date it is due.

Determination Chart

Use this chart to determine if Form 1127 is the correct form for you

to file.

IF you . . .

THEN . . .

are requesting to postpone

file Form 1127. See When To File,

payment of the full amount of

later, for due dates.

tax shown or required to be shown

on your return or an amount

determined as a deficiency

are seeking an extension of

time to file your income tax

return

file Form 4868, Application for

Automatic Extension of Time To

File U.S. Individual Income Tax

Return; or Form 2350, Application

for Extension of Time To File U.S.

Income Tax Return. Do not file

Form 1127.

are seeking an extension of

time to pay estate (and

generation-skipping transfer)

taxes

file Form 4768, Application for

Extension of Time To File a

Return and/or Pay U.S. Estate

(and Generation-Skipping

Transfer) Taxes. Do not file

Form 1127.

are requesting a monthly

installment payment plan,

including a partial payment

installment agreement or

streamlined installment agreement

see Form 9465, Installment

Agreement Request, or go to the

Online Payment Agreement

Application at www.irs.gov/OPA.

Do not file Form 1127.

owe any tax and are not

requesting, or do not qualify

for, either a monthly installment

payment plan or an extension of

time to pay the full amount

call, write, or visit your local IRS

office to discuss your situation.

For more information, see Pub.

594, The IRS Collection Process.

Do not file Form 1127.

Who Should File

You can file Form 1127 if you will owe any of the following and

paying the tax at the time it is due will cause an undue hardship.

When To File

Form 1127, and its supporting documentation, should be filed as

soon as you are aware of a tax liability or a tax deficiency you

cannot pay without causing undue hardship.

If you are requesting an extension of time to pay the full amount

of tax shown or required to be shown on an upcoming return, Form

1127 must be received on or before the due date of that return, not

including extensions.

If you are requesting an extension of time to pay an amount

determined as a deficiency, Form 1127 must be received on or

before the due date for payment indicated in the tax bill.

Where To File

File Form 1127 with the Internal Revenue Service (Attn: Advisory

Group Manager) for the area where you maintain your legal

residence or principal place of business. See Pub. 4235, Collection

Advisory Offices Contact Information, to find the address for your

local advisory group.

However, if the tax due is a gift tax reportable on Form 709 or

709-NA, send Form 1127 to:

Department of the Treasury

Internal Revenue Service

Stop 824G

7940 Kentucky Drive

Florence, KY 41042-2915

Extension Period

An extension of more than 6 months will generally not be granted

to pay the tax shown on a return. However, except for taxes due

under sections 4981, 4982, and 5881, an extension for more than

6 months may be granted if you are out of the country.

An extension to pay an amount determined as a deficiency is

generally limited to 18 months from the date payment is due.

However, in exceptional circumstances, an additional 12 months

may be granted.

• Self-employment income taxes.

Note: An extension to pay a deficiency will not be granted if the

deficiency is due to negligence, intentional disregard of rules and

regulations, or fraud with intent to evade tax.

• Withheld taxes on nonresident aliens and foreign corporations.

Payment Due Date

• Taxes on private foundations and certain other tax-exempt

organizations.

You must pay the tax before the extension runs out. Do not wait

to receive a bill from the IRS.

• Income taxes.

Page 4

Form 1127 (Rev. 12-2024)

Interest. You will owe interest on any tax not paid by the due date

of the return, or the due date of any amount determined to be a

deficiency, regardless of whether an extension of time to pay the

tax has been obtained. The interest runs until you pay the tax.

Penalties. Penalties may be imposed if you fail to pay the tax

within the extension period granted.

Specific Instructions

Name, Address, and Identification Number

Individuals. Enter your name, address, and social security number

(SSN) or individual taxpayer identification number (ITIN). If this

application is for the tax shown on a joint return or a joint tax

liability for an amount determined as a deficiency, include both

spouses’ names in the order in which they appear or will appear on

your return, and enter the SSN or ITIN of the spouse whose name

appears first.

Businesses. Enter your company’s name, address, and employer

identification number.

P.O. box. Enter your box number only if your post office does not

deliver to your street address.

Foreign address. Enter the information in the following order: city,

province or state, and country. Follow the country’s practice for

entering the postal code. Do not abbreviate the country name.

Part I

Request for extension. Enter the due date of your return (not

including extensions) or the due date for paying the amount

determined as a deficiency. Enter the date you propose to pay the

tax and the amount of tax you owe. The date you propose to pay

the tax can be up to:

• 6 months from the due date of your return (not including

extensions) if your request is for payment of the tax shown on your

return (the date you propose can be more than 6 months if you are

out of the country), or

• 18 months from the date payment is due if your request is for

payment of an amount determined as a deficiency (an additional 12

months can be requested for a deficiency in exceptional

circumstances).

Check the applicable box and enter the form number to which the

tax you owe relates. Enter the tax year if the tax you owe is figured

on a calendar year; if the tax you owe is figured on a fiscal year,

enter the ending month, day, and year.

Part II

Reason for extension. In order for your application to be

considered, you must provide a detailed explanation of the undue

hardship that will result if you pay the tax on or before the due date.

An extension will not be granted if you provide only a general

statement of hardship.

Part III

Supporting documentation. You must attach:

• A statement(s) of your assets and liabilities, and

• An itemized list of your income and expenses for each of the 3

months prior to the due date of the tax.

Note: Once your request has been reviewed, additional conditions

may have to be met.

Signature and Verification

This form must be signed and dated.

Individuals. If this application is for the tax shown on a joint return

or a joint tax liability for an amount determined as a deficiency,

both you and your spouse must sign and date this form. If your

spouse cannot sign, see Pub. 501, Dependents, Standard

Deduction, and Filing Information.

Privacy Act and Paperwork Reduction Act Notice. We ask for

the information on this form to carry out the Internal Revenue laws

of the United States. We need this information to ensure

compliance with these laws and to properly grant extensions of

time to pay tax. Applying for an extension of time for the payment

of tax is voluntary. However, providing the requested information is

mandatory if you apply for the extension. Our legal right to ask for

the information requested on this form is based in sections 6001,

6011, 6109, and 6161 and their regulations. If you fail to provide all

or part of the information requested, your application may be

denied. If you provide false or fraudulent information, you may be

subject to penalties.

You are not required to provide the information requested on a

form that is subject to the Paperwork Reduction Act unless the

form displays a valid OMB control number. Books or records

relating to a form or its instructions must be retained as long as

their contents may become material in the administration of any

Internal Revenue law. Generally, tax returns and return information

are confidential, as required by section 6103. However, section

6103 allows or requires the IRS to disclose the information to others

as described in the Code. For example, we may disclose this

information to the Department of Justice for enforcement of civil or

criminal tax laws; to cities, states, the District of Columbia, and U.S.

commonwealths or territories to administer their tax laws; to other

countries under a tax treaty; to federal and state agencies to

enforce nontax criminal laws; or to federal law enforcement and

intelligence agencies to combat terrorism.

Estimates of taxpayer burden. The time needed to complete and

file this form will vary depending on individual circumstances. The

estimated burden for individual taxpayers filing this form is

approved under OMB control number 1545-0074 and is included in

the estimates shown in the instructions for their individual income

tax return. The estimated burden for all other taxpayers who file this

form is shown below.

Recordkeeping .

.

.

.

.

.

.

.

.

.

.

.

3 hr., 6 min.

Learning about the

law or the form . .

.

.

.

.

.

.

.

.

.

.

Preparing and sending

the form to the IRS . .

.

.

.

.

.

.

.

.

. 3 hr., 25 min.

.

. 55 min.

If you have comments concerning the accuracy of these time

estimates or suggestions for making this form simpler, we would

be happy to hear from you. See the instructions for the tax return

for which this form is filed.