Allows drafter to describe particular land resources to be conserved. Allows the drafter to describe unique resources, values, and soil classifications, and requires their preservation pursuant to the agreement.
Conservation Easement Form 8886
State:
California
Control #:
CA-EAS-3
Format:
Word;
Rich Text
Instant download
Description
Free preview
How to fill out California Conservation Easement For Specific Resource Preservation?
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FAQ
Each taxpayer that has participated in a reportable transaction and that is required to file a tax return must disclose information for each reportable transaction in which the taxpayer participates. Use Form 8886 to disclose information for each reportable transaction in which participation has occurred.
You must file (via mail or fax) an exact copy of an initial Form 8886 with the Office of Tax Shelter Analysis (OTSA). Via fax. You may fax the exact copy to 844-253-2553.
Every year, for each reportable transaction you participated in, attach Reportable Transaction Disclosure Statement (IRS Form 8886) with your tax return.
The instructions to the Form 8886 indicate that ?If you file your income tax return electronically, the copy sent to OTSA must show exactly the same information, word for word, provided with the electronically filed return and it must be provided with the official IRS Form 8886.