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IRS revises whistleblower form | Accounting Today

March 25, 2024
in Accounting
Reading Time: 3 mins read
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IRS revises whistleblower form | Accounting Today
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The Internal Revenue Service has updated its whistleblower award form for tipping off the IRS about tax violations and applying for a monetary reward for the information.

The IRS Whistleblower Office issued the revised Form 211, “Application for Award for Original Information,“ with a revision date of March 2024.

The newly revised Form 211 is available beginning March 25, 2024, the IRS said in an email Monday. The IRS Whistleblower Office allows a 60-day grace period during which it will continue to accept and process the previous version of Form 211 (Rev. 7-2018). However, after this grace period the Form 211 (Rev. 3-2024) must be used to submit a whistleblower claim.

The IRS headquarters in Washington.

Andrew Harrer/Bloomberg

Some of the main revisions to the whistleblower award form include:

  • Addition of expandable input data fields;
  • Addition of informational boxes and expanded instructions on how to complete the form;
  • Updated alleged violation issues to select from;
  • Added option for multiple whistleblowers to submit a claim jointly; and
  • QR codes for quick access to whistleblower program information.

The IRS Whistleblower Office awards money to eligible people whose information is used by the IRS. The percentage of the award depends on a number of factors, but typically falls between 15% and 30% of the proceeds collected and attributable to the whistleblower’s information. Awards can only be issued once a final determination can be made, so payments can’t be made until the taxpayer has exhausted all their appeal rights and no longer can file a claim for refund or otherwise try to recover the proceeds from the government.
For more information on the IRS Whistleblower Program, visit IRS.gov/whistleblower.

Credit: Source link

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