Get 1999 Form 8805. Foreign Partner's Information Statement Of Section 1446 Withholding Tax

The 1999 Form 8805 serves as the Foreign Partner's Information Statement regarding Section 1446 withholding tax. This guide will help users navigate the online process of completing this form accurately and efficiently.

Follow the steps to fill out the 1999 Form 8805 online.

1. Press the ‘Get Form’ button to access the form and open it in your selected editor.
2. In Section 1, provide the foreign partner's name in line 1a. Ensure the name matches official documents.
3. Complete line 1b with the foreign partner's street address, including apt or suite number if applicable.
4. Fill in line 1c with the city, state, and ZIP code for the foreign partner. If the address is outside the U.S., refer to the separate instructions provided.
5. In line 2a, enter the U.S. identifying number of the foreign partner subject to withholding. If none, leave this blank.
6. If applicable, fill line 2b with the account number assigned by the partnership.
7. In line 6, write the partnership’s U.S. employer identification number.
8. For line 7a, fill in the name of the withholding agent. If the partnership is also the withholding agent, enter “SAME” and leave line 7b blank.
9. Select the type of partner in line 8 given the options available: Individual, Corporation, Partnership, or Other.
10. Fill in the country code for the partner as detailed in the instructions.
11. Check line 8a if the partnership owns an interest in other partnerships.
12. Check line 8b if the partnership income is exempt from U.S. tax for this partner.
13. In line 9, enter the partnership’s effectively connected taxable income allocable to the partner for the tax year.
14. In line 10, indicate the applicable tax rate: .396 for noncorporate partners or .35 for corporate partners.
15. For line 11, calculate the total tax credit allowed to the partner by multiplying line 9 by line 10. This amount can be claimed against U.S. income tax on Forms such as 1040NR or 1120-F.
16. Once all fields are accurately completed, save your changes. You may also download, print, or share the form as needed.

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