Form 8865 Filing Guide: Key Information and Penalties to Avoid
Introduction IRS Form 8865, Return of U.S. Persons With Respect to Certain Foreign Partnerships, is an informational return that U.S. citizens, resident aliens, or domestic corporations with a 10% or more interest in a foreign partnership must file to report information required under Section 6038 and Section 6046A of the Internal Revenue Code. Since it is an informational filing, it does not result in additional income tax. The form helps the Internal Revenue System (IRS) enforce U.S. tax laws and …
