4876-A

Election To Be Treated as an Interest Charge DISC

Agency
IRS
Revision
Rev. September 2016
Fillable fields
74
Pages
2
Official source
IRS form page
Checked
October 21, 2026
Fill 4876-A online
Page 1 of form 4876-A

Form 4876-A: Election To Be Treated as an Interest Charge DISC

Form 4876-A is the election a corporation files to be treated as an interest charge domestic international sales corporation (IC-DISC) for income tax purposes. The instructions say the election remains in effect until terminated or revoked, and it applies to each shareholder who owns stock in the corporation while the election is in effect.

The form has two parts. Part I holds the corporation's details, its tax year, the date the election takes effect and a list of shareholders with their shares, signed by an officer. Part II is the shareholders' consent statement. The form says all of the corporation's shareholders consent to the election for it to be valid.

The instructions are printed on page 2 of the form. The annual return for an IC-DISC is Form 1120-IC-DISC. You can fill out Form 4876-A free in your browser on this page and download the result without an account.

What's on Form 4876-A

Part I: corporation details

Name and address of the corporation, item A employer identification number and item B principal business classification.

Items C to F: tax year and dates

Item C tax year of the IC-DISC (ending month and day), item D an optional contact name and phone, item E the tax year the election takes effect, and item F the date the corporation began doing business.

Columns G to I: shareholders

Ten rows for each shareholder's name and address, shares held on the first day of the year of election (Ha), shares held on the date of consent (Hb) and identifying number (I), plus a total line.

Officer's signature

A declaration under penalties of perjury that the corporation authorized the officer to make the election, with the signature, title and date.

Part II: shareholders' consent statement

Ten signature spaces where shareholders sign and date their consent. The form says the consent is irrevocable and binding upon all transferees of the shares.

How to fill out Form 4876-A

  1. 1

    Corporation name, address and items A and B

    Enter the corporation's name, address with any suite or room number (or a P.O. box if mail is not delivered to the street address) and EIN. For item B, the instructions point to the list of Codes for Principal Business Activity in the Instructions for Form 1120-IC-DISC.

  2. 2

    Item C: tax year

    Enter the ending month and day. The form says the IC-DISC uses the tax year of the shareholder (or shareholder group) with the highest percentage of voting power. The instructions cover tax year changes under sections 441(h) and 442.

  3. 3

    Items D, E and F

    Optionally name a person the IRS may call and a telephone number, then enter the start of the tax year the election takes effect and the date the corporation began doing business.

  4. 4

    Shareholder table

    List each shareholder (or expected shareholder) at the beginning of the tax year the election takes effect and when it is filed. The instructions say to complete both Ha and Hb for each one. Column I is the SSN for an individual and the EIN for all others.

  5. 5

    Officer signs

    An authorized officer signs and dates Part I and enters a title. Enter the total shares for all shareholders, including any listed on attachments.

  6. 6

    Collect shareholder consents

    Shareholders sign Part II, or each gives a separate statement worded as the instructions show. For transferred shares, the form says to attach a schedule with the holder at the start of the tax year and the shares covered.

Why fill Form 4876-A on indox

You get the real form, filled in a browser tab, with nothing standing between you and the finished PDF.

  • Fill the form right in your browser, no software to install
  • Free to fill and free to download, with no account
  • The official blank straight from the IRS, not a copy someone retyped
  • Works on a phone, tablet or computer

Where it goes, timing and later changes

Where to file

The instructions say to file Form 4876-A with the IRS Service Center where the corporation will file its annual return, Form 1120-IC-DISC.

When to file

For the corporation's first tax year, within 90 days after the beginning of the tax year. For any other tax year, during the 90-day period immediately preceding the first day of that tax year.

Late consents

The instructions say consents are normally attached to Form 4876-A. With reasonable cause, a consent may be filed within an extended period granted by an IRS Service Center, at the same service center.

Supplemental Form 4876-A

If more shares are issued or ownership changes between filing and the effective date, the instructions call for a supplemental form marked "SUPPLEMENTAL" within the first 90 days of the tax year the election takes effect.

How long the election lasts

The instructions say the election remains in effect until terminated or revoked, and point to Regulations section 1.992-2(e).

Time estimate

The form estimates 4 hr., 4 min. for recordkeeping, 1 hr., 5 min. for learning about the law or the form, and 1 hr., 12 min. for preparing and sending it.

Related forms

Who fills out Form 4876-A?

  • Domestic corporations electing IC-DISC status

    The instructions describe an IC-DISC as a domestic corporation organized under the laws of a state or the District of Columbia that meets tests on export receipts, export assets, stock, books and tax year.

  • An authorized officer

    The instructions say the form is signed by the president, vice president, treasurer, assistant treasurer, chief accounting officer, or other officer (such as tax officer) authorized to sign for the corporation.

  • Every shareholder

    The instructions say the election is valid only if all shareholders sign the consent statement in Part II or a separate statement. Several shareholders may combine their consents in one statement.

  • Joint owners, minors, estates and trusts

    Spouses who jointly own the stock both sign. A legal guardian signs for a minor, an executor or administrator for an estate, and a trustee for a trust, as the instructions describe.

  • Corporations that are not eligible

    The instructions say S corporations, certain financial institutions, and other corporations listed in section 992(d) are not eligible for IC-DISC treatment.

The instructions say a corporation files Form 4876-A to elect to be treated as an IC-DISC. Its shareholders consent in Part II or in separate statements.

Official sources and the blank

Do it all with indox

View all 123 tools

Questions about Form 4876-A

What is an IC-DISC?

The instructions describe it as a domestic corporation that meets conditions on its organization and international sales and elects IC-DISC treatment. Tests include that at least 95% of gross receipts are qualified export receipts.

Who signs Form 4876-A?

An authorized officer of the corporation, such as the president, vice president, treasurer, assistant treasurer or chief accounting officer. Shareholders sign the consent in Part II.

Does every shareholder need to consent?

The instructions say the election is valid only if all shareholders sign either the Part II consent or a separate consent statement.

Can an S corporation make this election?

The instructions say S corporations, certain financial institutions and other corporations listed in section 992(d) are not eligible for IC-DISC treatment.

What if shares change after the form is filed?

The instructions describe a supplemental Form 4876-A with "SUPPLEMENTAL" written across the top, listing only the new or additional owners, filed within the first 90 days of the tax year the election takes effect.

Where is Form 4876-A sent?

To the IRS Service Center where the corporation will file Form 1120-IC-DISC, according to the instructions.