Screen 8865 - Foreign Partnership General Information

Overview

Use this screen to complete From 8865, Page 1.
For more information, see Form 8865.

General Information

Enter
X
only if the foreign partnership also files Form 8938, Statement of Specified Foreign Financial Assets, for the current tax year and includes this form in the total number of Forms 8865 on Form 8938, Part IV, line 5.
Enter the reference identification number associated with this return. Reference ID numbers are created by or on behalf of the U.S. person filing Form 8865 and are unique to each return. The IRS uses this number to track foreign returns.
Enter the exchange rate reported as the units of foreign currency that equal one U.S. dollar.
Use the statement to enter the name, country of operation, and the amount of the dual consolidated loss, if applicable, of any interest in a separate unit. See Regulations section 1.1503(d)-1(b)(4) for more information about separate units. The application marks Yes to Form 8865, Page 1, Item H10a when information is entered in the statement. If you enter a dual consolidated loss for any separate unit, the application also marks Yes to Item H10b. If the statement is blank, the application marks No to Form 8865, Page 1, Item H10a and leaves Item H10b blank.
If total receipts for the year were less than $250,000 and the total assets at year-end are less than $1,000,000, the application answers Yes to Form 8865, Page 1, item H11 and does not complete Form 8865, Schedules L, M-1, M-2, and K-1, Partner's capital account analysis. Use this field to force a different answer.
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