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IRS form 8865 must be filed by U.S. persons who have ownership interests in foreign partnerships, specifically if they meet certain criteria such as holding a significant stake or being part of control scenarios. Taxpayers engaged in international business must be aware of their obligations to report accurately. Filing form 8865 not only fulfills legal requirements but also helps maintain good standing with the IRS. If you're uncertain about your filing status, US Legal Forms can help clarify your obligations.
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