IRS Form 8858 Schedule M Transactions Between Foreign Disregarded Entity (Fde) or Foreign Branch (Fb) and the Filer or Other Related Entities

What Is IRS Form 8858 Schedule M?

This is a tax form that was released by the Internal Revenue Service (IRS) - a subdivision of the U.S. Department of the Treasury on December 1, 2018. The document is a supplement to IRS Form 8858, Information Return of U.S. Persons With Respect to Foreign Disregarded Entities (Fdes) and Foreign Branches (Fbs). As of today, no separate filing guidelines for the form are provided by the IRS.

FAQ

Q: What is IRS Form 8858 Schedule M?
A: IRS Form 8858 Schedule M is a form used to report transactions between a foreign disregarded entity (FDE) or foreign branch (FB) and the filer or other related entities.

Q: What are foreign disregarded entities (FDE) and foreign branches (FB)?
A: Foreign disregarded entities (FDE) and foreign branches (FB) are business entities or branches located outside of the United States that are related to the filer.

Q: What transactions should be reported on IRS Form 8858 Schedule M?
A: IRS Form 8858 Schedule M should be used to report transactions, such as loans, payments, sales, purchases, leases, or other exchanges of property or services, between the filer and a foreign disregarded entity or foreign branch.

Q: Who is required to file IRS Form 8858 Schedule M?
A: Any person who is required to file IRS Form 8858 and has transactions with a foreign disregarded entity or foreign branch should also file Schedule M.