Instructions for IRS Form 8858 Information Return of U.S. Persons With Respect to Foreign Disregarded Entities (Fdes) and Foreign Branches (Fbs)

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

This document contains official instructions for IRS Form 8858 , Information Return of U.S. Persons With Respect to Foreign Disregarded Entities (Fdes) and Foreign Branches (Fbs) - a tax form released and collected by the Internal Revenue Service (IRS), a subdivision of the U.S. Department of the Treasury. An up-to-date fillable IRS Form 8858 Schedule M is available for download through this link.

FAQ

Q: What is IRS Form 8858?
A: IRS Form 8858 is an information return for U.S. persons with respect to foreign disregarded entities (FDEs) and foreign branches (FBs).

Q: Who needs to file IRS Form 8858?
A: U.S. persons who own or have a financial interest in foreign disregarded entities (FDEs) or foreign branches (FBs) need to file Form 8858.

Q: What is the purpose of IRS Form 8858?
A: The purpose of Form 8858 is to report information about foreign disregarded entities (FDEs) and foreign branches (FBs) for U.S. tax purposes.

Q: When is the deadline to file IRS Form 8858?
A: The deadline for filing Form 8858 is generally the same as the taxpayer's income tax return filing deadline, including extensions.

Q: Are there any penalties for not filing IRS Form 8858?
A: Yes, failure to file Form 8858 or filing an incomplete or inaccurate form may result in penalties.