Form 8992: Fill out & sign online

Here's how it works

01. Edit your form 8992 instructions online

01. Edit your 8992 instructions online

Type text, add images, blackout confidential details, add comments, highlights and more.

02. Sign it in a few clicks

Draw your signature, type it, upload its image, or use your mobile device as a signature pad.

03. Share your form with others

Send form 8992 schedule a via email, link, or fax. You can also download it, export it or print it out.

The fastest way to redact 8992 form online

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

Dochub is a perfect editor for changing your documents online. Adhere to this straightforward guideline edit 8992 form in PDF format online free of charge:

Register and sign in. Register for a free account, set a strong password, and proceed with email verification to start managing your forms.
Add a document. Click on New Document and choose the form importing option: upload 8992 form from your device, the cloud, or a protected link.
Make changes to the sample. Take advantage of the top and left-side panel tools to change 8992 form. Insert and customize text, pictures, and fillable areas, whiteout unnecessary details, highlight the significant ones, and comment on your updates.
Get your paperwork completed. Send the form to other people via email, create a link for faster document sharing, export the sample to the cloud, or save it on your device in the current version or with Audit Trail included.

Discover all the advantages of our editor right now!

See more 8992 form versions

We've got more versions of the 8992 form form. Select the right 8992 form version from the list and start editing it straight away!

Versions	Form popularity	Fillable & printable
2022	4.6 Satisfied (39 Votes)
2021	4.8 Satisfied (62 Votes)
2020	4.4 Satisfied (101 Votes)

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

Contact us

Who is required to file Form 8992?

An S corporation that elects to be treated as an entity under Notice 2020-69 must complete Form 8992 and Schedule A (Form 8992) and attach them to its Form 1120-S by the due date (including extensions) for that return. For additional information, see the Instructions for Form 1120-S.

Who is required to file Gilti?

Form 8992 Schedule A for GILTI It is important to note that not all US shareholders with foreign corporations will have to calculate GILTI as part of their U.S. tax return. Rather, it is limited to shareholders who own Controlled Foreign Corporations or CFC and meet other requirements as well.

Are individuals subject to Gilti?

The GILTI rules (contained in the new section 951A) require a 10 percent U.S. shareholder of a controlled foreign corporation (CFC) to include in current income the shareholders pro rata share of the GILTI income of the CFC. The GILTI rules apply to C corporations, S corporations, partnerships and individuals.

Who needs to file 8992?

An S corporation that elects to be treated as an entity under Notice 2020-69 must complete Form 8992 and Schedule A (Form 8992) and attach them to its Form 1120-S by the due date (including extensions) for that return.

Do individuals file Form 8992?

Who Needs To File Form 8992. Any U.S. shareholder of one or more CFCs that must take into account its pro rata share of the tested income or tested loss of the CFC(s) in determining the U.S. shareholders GILTI inclusion, if any, under section 951A must file the Form 8992.

form 8992 schedule b

form 8993 8992 instructions 8992 schedule b form 8992 schedule b instructions who must file form 8992 form 8992 penalty form 8992 2021 irs form 5471

Related forms

be ready to get more

Complete this form in 5 minutes or less

Get form

What income is subject to Gilti?

GILTI is income earned abroad by controlled CFCsi.e., controlled subsidiaries of U.S. corporationsfrom easily movable intangible assets, such as IP rights. The tax on GILTI is intended to discourage moving intangible assets and related profits to countries with tax rates below the 21% U.S. corporate rate.

What is specified interest expense for Gilti?

Specified interest expense includes the interest expense of all CFCs, including those with a tested loss. A U.S. shareholder of a CFC that owns stock of the CFC within the meaning of IRC 958(a) must include in gross income its GILTI for the taxable year.

Who must file 1118?

Form 1118 lets foreign corporations report the income they already owe taxes on to a foreign government so that it can be exempted from US taxation. This credit only applies to income taxes, not value-added taxes or sales taxeseven in countries where a value-added tax is used as a substitute for income taxes.

Where do I report Gilti income?

U.S. shareholders must file Schedule I-1 (Form 5471), Information for Global Intangible Low-Taxed Income and Form 8992, U.S Shareholder Calculation of Global Intangible Low-Taxed Income (GILTI) , to provide the information needed to determine the U.S. shareholders GILTI inclusion amount for a tax year.

Do individuals file Form 8992?

Who Needs To File Form 8992. Any U.S. shareholder of one or more CFCs that must take into account its pro rata share of the tested income or tested loss of the CFC(s) in determining the U.S. shareholders GILTI inclusion, if any, under section 951A must file the Form 8992.

Get the up-to-date 8992 form-2024 now

Here's how it works

The fastest way to redact 8992 form online

See more 8992 form versions

Complete this form in 5 minutes or less

Got questions?

Who is required to file Form 8992?

Who is required to file Gilti?

Are individuals subject to Gilti?

Who needs to file 8992?

Do individuals file Form 8992?

Complete this form in 5 minutes or less

People also ask

What income is subject to Gilti?

What is specified interest expense for Gilti?

Who must file 1118?

Where do I report Gilti income?

Do individuals file Form 8992?

8992 schedule a

Try more PDF tools