Form 4466 Corporation Application for Quick Refund of Overpayment

4466

Form
(Rev. December 2009)
Department of the Treasury
Internal Revenue Service
Name

Corporation Application for Quick Refund of
Overpayment of Estimated tax
For calendar year 20

or tax year beginning

, 20

OMB No. 1545-0170

, and ending

, 20
Employer identification number

Number, street, and room or suite no. (If a P.O. box, see instructions.)

Telephone number (optional)

City or town, state, and ZIP code

Check type of return to be filed (see instructions):
Form 1120

Form 1120-C

Form 1120-F

Form 1120-L

Form 1120-PC

Other ©

1

Estimated income tax paid during the tax year

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1

2

Overpayment of income tax from prior year credited to this year’s estimated tax

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2

3

Total. Add lines 1 and 2 .

4

Enter total tax from the appropriate line of your tax return (for
example, Form 1120, Schedule J, line 10) . . . . . . . .

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3

6

Total. Add lines 5a and 5b

7

Expected income tax liability for the tax year. Subtract line 6 from line 4 .

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7

8

Overpayment of estimated tax. Subtract line 7 from line 3. If this amount is at least 10% of line
7 and at least $500, the corporation is eligible for a quick refund. Otherwise, do not file this form
(see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . .

5a

Personal holding company
included on line 4 . . .
b Estimated refundable tax
Federal tax on fuels . .

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tax, if any,
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credit for
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4

5a
5b
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6

8

Record of Estimated Tax Deposits
Date of deposit

Sign
Here

Amount

Date of deposit

Amount

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.

©

Signature

Date

General Instructions
Section references are to the Internal Revenue Code.

Who May File
Any corporation that overpaid its estimated tax for the tax year
may apply for a quick refund if the overpayment is:
● At least 10% of the expected tax liability and
● At least $500.
The overpayment is the excess of the estimated income tax the
corporation paid during the tax year over the final income tax
liability expected for the tax year, at the time this application is
filed.

©

Title

If members of an affiliated group paid their estimated income
tax on a consolidated basis or expect to file a consolidated
return for the tax year, only the common parent corporation may
file Form 4466. If members of the group paid estimated income
tax separately, the member who claims the overpayment must
file Form 4466.
Note. Form 4466 is not considered a claim for credit or refund.

When To File
File Form 4466 before the 16th day of the 3rd month after the
end of the tax year, but before the corporation files its income
tax return. Do not file Form 4466 before the end of the

Cat. No. 12836A

Form

4466

(Rev. 12-2009)

Form 4466 (Rev. 12-2009)

Page

corporation’s tax year. An extension of time to file the
corporation’s tax return will not extend the time for filing
Form 4466.

How To File
Complete and file an original, signed Form 4466 with the
applicable Internal Revenue Service Center (see Where To File
below). The IRS will act on Form 4466 within 45 days from the
date it is filed.
The corporation must also file Form 4466 with its income tax
return. Attach either the signed Form 4466 or an unsigned Form
4466 with the same information stated on the signed Form
4466. If the corporation submits an unsigned Form 4466, it must
retain the original, signed Form 4466 in its records.
Disallowance of application. Any application that contains
material omissions or errors that cannot be corrected within the
45-day period may be disallowed.

Where To File
File Form 4466 at the applicable address listed below.
With total assets
at the end of the
tax year of . . .

Use the following
Internal Revenue
Service center
address:

Forms 990-T, 1120-C, or
1120-PC

Any amount

Ogden, UT 84201

Forms 1120, 1120-H, 1120-L,
1120-ND, 1120-REIT,
1120-RIC, or 1120-SF with the
corporation’s principal
business, office, or agency
located in Alabama, Alaska,
Arizona, Arkansas, California,
Colorado, Florida, Hawaii,
Idaho, Iowa, Kansas, Louisiana,
Minnesota, Mississippi,
Missouri, Montana, Nebraska,
Nevada, New Mexico, North
Dakota, Oklahoma, Oregon,
South Dakota, Texas, Utah,
Washington, Wyoming

Any amount

Ogden, UT 84201

Filers of . . .

Forms 1120, 1120-H, 1120-L,
1120-ND, 1120-REIT,
1120-RIC, or 1120-SF with the
corporation’s principal
business, office, or agency
located in Connecticut,
Delaware, District of Columbia,
Georgia, Illinois, Indiana,
Kentucky, Maine, Maryland,
Massachusetts, Michigan, New
Hampshire, New Jersey, New
York, North Carolina, Ohio,
Pennsylvania, Rhode Island,
South Carolina, Tennessee,
Vermont, Virginia, West Virginia,
Wisconsin
Form 1120-F or 1120-FSC, or
the corporation's principal
business, office, or agency is
located in a foreign country or
U.S. possession

2

If the Post Office does not deliver mail to the street address
and the corporation has a P.O. box, show the box number
instead.
Note. If a change in address occurs after the corporation files
Form 4466, use Form 8822, Change of Address, to notify the
IRS of the new address.

Type of Return
Check the box for the type of return the corporation will file.
Other. S corporations that have made protective estimated tax
payments in their first tax year should check the “Other” box.
Corporations that file Forms 1120-FSC, 1120-H, 1120-ND,
1120-REIT, 1120-RIC, or 1120-SF and tax-exempt corporations
that file Form 990-T should also check the “Other” box. Enter
the form number of the return to be filed in the space to the right
of the box.

Line 8. Overpayment of Estimated Tax
If the application for refund is approved, the overpayment on
line 8 may be credited against any tax the corporation owes.
The balance, if any, will be refunded.
Excessive refund or credit. If the refund or credit is later found
to be excessive, the corporation is liable for an addition to tax
on the excessive amount. See section 6655(h).
The excessive amount is the smaller of:
1. The credit or refund or
2. The excess of:
a. The corporation’s income tax liability (as defined in section
6425(c)) as shown on its return over
b. The estimated tax paid less the refund or credit.
The IRS will compute the addition to tax and bill the
corporation. The addition to tax is figured from the date the
refund was paid or credited, until the original due date of the
corporation’s return. The addition to tax is not deductible for
income tax purposes.

Paperwork Reduction Act Notice

Less than $10 million
(any amounts for Form
1120-H) and Schedule
M-3 is not filed

Cincinnati, OH 45999

$10 million or more
or less than $10 million
and Schedule M-3 is
filed

Ogden, UT 84201

Any amount

P.O. Box 409101
Ogden, UT 84409

Specific Instructions
Address
Include the suite, room, or other unit number after the street
address.

We ask for the information on this form to carry out the Internal
Revenue laws of the United States. You are required to give us
the information. We need it to ensure that you are complying
with these laws and to allow us to figure and collect the right
amount of tax.
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.
The time needed to complete and file this form will vary
depending on individual circumstances. The estimated average
time is:
Recordkeeping
. . . . . . . . . .
4 hr., 4 min.
Learning about the
law or the form
. . . . . . . . . . . . 18 min.
Preparing and sending
the form to the IRS . . . . . . . . . . . 22 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. You can write to the Internal
Revenue Service, Tax Products Coordinating Committee,
SE:W:CAR:MP:T:T:SP, 1111 Constitution Ave. NW, IR-6526,
Washington, D.C. 20224. Do not send the tax form to this
office. Instead, see How To File and Where To File above.