1023 Form 8023 (PDF) — verbatim text

Official source: IRS Forms, Instructions & Publications (https://www.irs.gov/pub/irs-pdf/f8023.pdf), retrieved 2026-10-03. U.S. Government work (17 U.S.C. § 105).

Form

8023¶

(Rev. October 2023)

Department of the Treasury Internal Revenue Service

Exceptions & meaning →

Elections Under Section 338 for Corporations Making Qualified Stock Purchases¶

See separate instructions. Information about Form 8023 and its separate instructions is at www.irs.gov/Form8023.

OMB No. 1545-0123

		Section A-1—Purchasing Corporation
		Check if Purchasing Corporation is a foreign entity
1aName of purchasing corporation	1aName of purchasing corporation	1aName of purchasing corporation	1aName of purchasing corporation	1aName of purchasing corporation	1bEmployer identification number
Street	Street	Street	Street	City	1cTax year ending (MM/DD/YYYY)
State	State	State	ZIP	Country	1dState or country of incorporation

		Section A-2—Common Parent of the Purchasing Corporation
		Check if Common Parent of the Purchasing Corporation is a foreign entity
2aName of common parent of purchasing corporation	2aName of common parent of purchasing corporation	2aName of common parent of purchasing corporation	2aName of common parent of purchasing corporation	2aName of common parent of purchasing corporation	2bEmployer identification number
Street	Street	Street	Street	City	2cTax year ending (MM/DD/YYYY)
State	State	State	ZIP	Country	2dState or country of incorporation

		Section B—Target Corporation
		Check if Target Corporation is a foreign entity
3aName of target corporation	3aName of target corporation	3aName of target corporation	3aName of target corporation	3aName of target corporation	3bEmployer identification number
Street	Street	Street	Street	City	3cTax year ending (MM/DD/YYYY)
State	State	State	ZIP	Country	3dState or country of incorporation

Section C—Common Parent of Selling Consolidated Group, Selling Affiliate,

S Corporation Shareholder, or U.S. Shareholder

Complete only for a section 338(h)(10) election or if target was a member of a consolidated group or a controlled foreign corporation (CFC) or had been a CFC within the preceding 5 years.

Check if Common Parent of Selling Consolidated Group, Selling Affiliate, S Corporation Shareholder, or U.S. Shareholder is a foreign entity

4a Name of common parent of the selling consolidated group, selling affiliate, U.S. shareholder(s) of foreign target corporation, or S corporation shareholder(s)			4b Identifying number(s)
Street	Street	City	City
State	ZIP	Country	4cTax year ending (MM/DD/YYYY)

Section D—General Information

5a Acquisition date (MM/DD/YYYY) 5b What percentage of target corporation stock was purchased:

(i) During the 12-month acquisition period? % (ii) On the acquisition date? %

For Paperwork Reduction Act Notice, see separate instructions. Cat. No. 49972Z Form 8023 (Rev. 10-2023)

Form 8023 (Rev. 10-2023) Page 2

Section E—Elections Under Section 338

6 Check here to make a section 338(h)(10) election for the target corporation listed in Section B . . . . . . . . . . . . . 7 Check here to make a section 338 election (other than a section 338(h)(10) election) for the target corporation listed in

Section B . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

If the box on line 7 is checked for the target corporation listed in Section B, check here to make a gain recognition election for that corporation. See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

9 Check here if this form is filed to make a section 338 election for any target corporation in addition to the one listed in Section B . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Purchasing Corporation(s) Signature(s)

Under penalties of perjury, I state and declare that I am authorized to make the election(s) on lines 6, 7, 8, and 9 on behalf of the purchasing corporation(s).

Signature of authorized person for purchasing corporation(s) Date Title

Consolidated Selling Group or Selling Affiliate Signature (Section 338(h)(10) Election)

Under penalties of perjury, I state and declare that I am authorized to make the section 338(h)(10) election on line 6 on behalf of the common parent of the selling consolidated group or on behalf of the selling affiliate.

Signature of authorized person for the common parent or selling affiliate

Date Title

S Corporation Shareholder(s) Signature(s) (Section 338(h)(10) Election)

Under penalties of perjury, I state and declare that I am a shareholder of the S corporation target or that I am authorized to make the section 338(h)(10) election on line 6 on behalf of that shareholder. If more than one shareholder, attach a schedule with other signatures.

Signature of S corporation shareholder Date Title

Catalog Number 49972Z www.irs.gov Form 8023 (Rev. 10-2023)

Form 8023 (Rev. 10-2023) Page 3

Barcode 1 Barcode 2

Barcode 3 Barcode 4

Barcode 5

Catalog Number 49972Z www.irs.gov Form 8023 (Rev. 10-2023)

Exceptions & meaning →