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  • 2018 Form 8804

Get 2018 Form 8804

To Form 8804. to www.irs.gov/Form8804 for instructions and the latest information. Employer identification number Note: Generally, the partnership isn t required to file this Schedule A (see Part I below for exceptions) because the IRS will figure any penalty owed and bill the partnership. However, the partnership may still use this Schedule A to figure the penalty. If so, enter the amount from line 65 of this Schedule A on line 8 of Form 8804, but don t attach this Schedule A. Part I R.

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A partnership required to file Form 1065, “U.S. Partnership Return of Income,” or Form 8804, “Annual Return for Partnership Withholding Tax,” for any taxable year will be allowed an automatic six-month extension of time to file the return after the date prescribed for filing the return if the partnership files an ...

Form 8804, Annual Return for Partnership Withholding Tax (Section 1446). The withholding tax liability of the partnership for its tax year is reported on Form 8804. Form 8804 is also a transmittal form for Forms 8805.

Late Filing of Form 8804 A partnership that fails to file Form 8804 when due (including extensions of time to file) can generally be subject to a penalty of 5% (0.05) of the unpaid tax for each month or part of a month the return is late, up to a maximum of 25% (0.25) of the unpaid tax.

A PTP that has effectively connected income, gain, or loss must withhold tax on distributions of that income made to its foreign partners. The rate is 37% (0.37) for non-corporate foreign partners, and 21% (0.21) for corporate partners.

Filing Form 8804 is a simple process. All partnerships with US ECTI that can be allocated to a foreign partner must file this form, regardless of whether they had any effectively connected taxable income. In other words, Form 8804 needs to be filed even if the partnership has recorded a loss in that year.

The penalty for each failure to file a correct 2022 Form 8805 is $290, with a maximum penalty of $3,532,500.

Form 8804, known as the "Annual Return for Partnership Withholding Tax," is akin to an umbrella form that provides a summary of the various Forms 8805 issued to foreign partners. Form 8804 is required to be filed by partnerships that have ECTI allocable to foreign partners.

Filing Form 8804 is a simple process. All partnerships with US ECTI that can be allocated to a foreign partner must file this form, regardless of whether they had any effectively connected taxable income. In other words, Form 8804 needs to be filed even if the partnership has recorded a loss in that year.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
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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