Daily Tax Report ®

IRS Form: Power of Attorney

Feb. 14, 2020, 5:00 AM

Form 2848, Power of Attorney and Declaration of Representative, released February 13 with changes made to reflect the repeal of the shared responsibility payment. The 2017 TCJA changed the penalty to zero dollars in essence repealing it. The Form 2848 is revised to remove the reference to the payment as an act a personal representative may make. [IRS Form 2848 (Rev. February 2020)]

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