Page 152 - Large Business IRS Training Guides
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Allocation Rules - Required Statement
Taxpayer is required to attach a statement entitled,
“Section 163(j) Asset Basis Calculations,” to its timely
filed federal income tax return that includes:
• The adjusted tax basis in assets,
• Determination dates,
• The names and TINs of all entities for which basis
information is being provided,
• Asset basis information for look through items, and
• Summary of the method or methods used to
determine asset basis.
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