1. (a) Any individual or joint filer, partnership, limited liability company or fiduciary liable for the interest and dividend tax shall report on Form DP-87 ID all federal audit changes within 6 months after such changes have been finally determined by the Internal Revenue Service.

2. (b) Federal audit changes shall have finally been determined when:

   1. (1) The taxpayer has:

      1. a. Made payment on any additional income tax liability resulting from the federal audit; and
      2. b. Not filed a petition for redetermination or claim for refund for the portions of the audit on which payment was made;
   2. (2) The taxpayer has signed any Internal Revenue Service form consenting to the deficiency or accepting any over-assessment;
   3. (3) The time period for filing a federal petition for redetermination to the United States Tax Court has expired;
   4. (4) The taxpayer enters into a closing agreement with the Internal Revenue Service; or

   5. (5) There is a final decision from:

      1. a. United States Tax Court;
      2. b. United States District Court;
      3. c. United States Court of Appeals;
      4. d. United States Court of Claims; or
      5. e. United States Supreme Court.
3. (c) A copy of the federal change report shall be attached to Form DP-87 ID.
4. (d) A separate report of change shall be prepared for each taxpayer and for each year affected by the federal audit.
5. (e) Form DP-87 ID shall be submitted under separate cover.
6. (f) Payment of any additional liability shall accompany Form DP-87 ID.
7. (g) A taxpayer shall complete and file Form DP-87 ID by providing the same information requested in Form DP-10 with the new numbers due to the IRS changes.

Source. #4557, eff 12-28-88; ss by #5071, eff 2-21-91; ss by #5947, eff 12-29-94; ss by #6321, eff 8-22-96; ss by #8137, eff 8-10-04 (from Rev 906.08); ss by #10211, eff 10-24-12; ss by #13433, eff 8-12-22