Partnerships

Tax Matters: Partner Designation

Brenda Peterson Brenda Peterson
How To Use

This review list is provided to inform you about this document in question and assist you in its preparation. This document is required for a General Partner or other party to represent the partnership in front of the IRS or state tax authority. It is also the proper designation of the party most able to handle this matter, especially if a partnership has more than one general partner.

  1. Make multiple copies. Get the action approved formally according to the partnership agreement. Keep a copy in your home safe.

  2. Note the same individual may approve the form for his or her own action as the designed partner. Therefore, be sure to have the document witnessed in this event. The above form provides for a witness signature.


Tax Matters: Partner Designation

STATE OF ___________________
COUNTY OF _________________

______________________________, a limited partnership, with its principal place of business at _______________________________________, designates ______________________________, a general partner of the partnership, as the tax matters partner for ____________________________.

______________________________ is duly appointed as the attorney in fact for ________________ to act for ____________________________ in regards to the audit, negotiation, settlement and payment of taxes assessed by any and all taxing authorities including the Internal Revenue Service and the taxing authorities of the State of ____________________.

______________________
Date

_____________________________
a limited partnership, by a General Partner

_____________________________
Witness