Note:

Taxpayers that made an IRC 965(i) election must file Form 965-A, Individual Report of Net 965 Tax Liability, with their Form 1041, U.S. Income Tax Return for Estates and Trusts, every year until the IRC 965 liability is assessed and paid in full. Form 1041 filers, that made an IRC 965(h) election in the year of inclusion or in the year of the triggering event must file a Form 965-A each year with their Form 1041 until the IRC 965 liability is paid in full.

Any corporate taxpayer who has a net IRC 965 tax liability for any tax year or has any net IRC 965 tax liability remaining unpaid at any time during a tax year, or an electing REIT with any IRC 965 amount, must file Form 965-B until the liability is paid in full or in the case of 965(m) until all of the 965 income has been reported.