Definition of a Foreign Disregarded Entity (FDE) and purpose of Form 8858
An FDE is an entity that's not created or organized in the United States and that's disregarded as an entity separate from its owner for U.S. income tax purposes. Form 8832, Entity Classification Election, can be filed to elect how the entity will be classified for Federal tax purposes.
Form 8858, Information Return of U.S. Persons With Respect To Foreign Disregarded Entities, is filed by certain U.S. persons that own a foreign disregarded entity directly or indirectly. Use the available input screens under the
8858
folder to complete the form.
