Get Form 8865 (Schedule P) (Rev. December 1999)

Code 8865 applies to employers engaged in operating group homes, drug or alcohol rehabilitation centers, halfway houses, homes for mentally disabled persons, temporary shelters and independent supportive living homes where no medical services are provided.

U.S. persons with a significant interest in a foreign partnership are required to file Form 8865. This includes those who: Control the foreign partnership (Category 1). Own a substantial interest in a partnership controlled by U.S. persons (Category 2).

Form 8865 is a counterpart to Form 5471. While Form 5471 is used to report foreign corporations, Form 8865 is used to report foreign partnerships.

Code 8865 applies to employers engaged in operating group homes, drug or alcohol rehabilitation centers, halfway houses, homes for mentally disabled persons, temporary shelters and independent supportive living homes where no medical services are provided.

Form 8865 is used to report the activities of a controlled foreign partnership and must be filed with your individual income tax return (Form 1040).

Form 8865 is filed for the foreign partnership by another Category 1 filer under the multiple Category 1 filers exception. To qualify for the constructive ownership filing exception, the indirect partner must file with its income tax return a statement entitled “Controlled Foreign Partnership Reporting.”