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See more form 8865 versions

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2022 4.9 Satisfied (47 Votes)
2021 4.8 Satisfied (119 Votes)
2020 4.3 Satisfied (169 Votes)
2019 4.3 Satisfied (148 Votes)
2018 4.3 Satisfied (91 Votes)
2016 4.4 Satisfied (325 Votes)
2017 4.4 Satisfied (153 Votes)
2009 4.2 Satisfied (42 Votes)
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A U.S. person files Form 8865 to report the information required under: Section 6038 (reporting with respect to controlled foreign partnerships). Section 6038B (reporting of transfers to foreign partnerships).
You can file Form 8865 electronically if the form is filed with the filers return, the filers return is being electronically filed, and the filers return is a 1040, 1041, 1065, or 1120 return.
The reason Form 8865 exists is to help the IRS track U.S. members of foreign partnerships, and its similar to Form 1065, which is the form youd file for a U.S. partnership. A partnership is considered a foreign partnership when it wasnt created or organized in the United States or under the law of the United States.
When a person owns a percentage of a foreign partnership, they may also need to report it on a form 8938 unless they meet the threshold requirement of having to file form 8865. In that case, individual will file a form 8865 instead of a form 8938 as to that particular interest in the foreign partnership.
Form 8865 Schedules These include: Schedule A Constructive Ownership of Partnership Interest. Schedule B Income StatementTrade or Business Income. Schedule D Capital Gains and Losses.
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U.S. persons with a docHub interest in a foreign partnership are required to file Form 8865. This includes those who: Control the foreign partnership (Category 1). Own a substantial interest in a partnership controlled by U.S. persons (Category 2).
Form 8858 is used by certain U.S. persons that operate an FB or own an FDE directly or, in certain circumstances, indirectly or constructively. See U.S. Person Filing Form 8858, later. The form and schedules are used to satisfy the reporting requirements of sections 6011, 6012, 6031, and 6038, and related regulations.

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