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  • 2011 Form 8858

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Furnished for the foreign disregarded entity s annual accounting period (see Department of the Treasury , 20 , and ending , 20 instructions) beginning Internal Revenue Service Name of person filing this return Attachment Sequence No. 140 Filer s identifying number Number, street, and room or suite no. (or P.O. box number if mail is not delivered to street address) City or town, state, and ZIP code Filer s tax year beginning , 20 , and ending , 20 Important: Fill in all applicable l.

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Note. If you are filing Form 1120 or 1065 electronically, you must attach Form 8858 electronically (as an attachment to your electronically filed Form 1120, Form 1065, Form 5471, or Form 8865).

About Form 8858, Information Return of U.S. Persons With Respect to Foreign Disregarded Entities (FDEs) and Foreign Branches (FBs) | Internal Revenue Service.

You will need to file Form 8858 if you are the owner of a foreign entity that is considered a disregarded entity for US income tax purposes. To elect to classify your business as a disregarded entity, you will want to complete Form 8832: Entity Classification Election and file this with the IRS.

Schedule H should be used to report the foreign disregarded entity's current E&P income (if the tax owner is a CFC) or the foreign disregarded entity's taxable income (if the tax owner is a US person or a CFP). Schedule I is used to report transferred loss amounts.

No, Form 8858, Information Return of U.S. Persons With Respect to Foreign Disregarded Entities (FDEs) and Foreign Branches (FBs), cannot be e-filed with TurboTax.

Failure to file information required by section 6038(a) (Form 8858 and Schedule M (Form 8858)). A $10,000 penalty is imposed for each annual accounting period of each CFC or CFP for failure to furnish the required information within the time prescribed.

Form 8858 is the Information Return of U.S. Persons with Respect to Foreign Disregarded Entities. This means that anyone who has business assets outside of the U.S. but is a U.S. citizen or using a Green Card, will need to file this form to declare their business finances alongside their Federal Tax Return.

Form 8858 is due at the same time as your income tax return. If you apply for an extension on your income tax return, the extension will apply to Form 8858 as well. To file the form properly as the tax owner of an FDE, attach it to your information return or your income tax return.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232