Taxation of Foreign Partnerships and How to Report the Information Required by Form 8865 (Completed)

Date: Thursday, November 30, 2023
Instructor: Robert J. Misey
Begin Time:  9:00am Pacific Time
10:00am Mountain Time
11:00am Central Time
12:00pm Eastern Time
CPE Credit:  2 hours for CPAs
2 hours Federal Tax Related for EAs and OTRPs
2 hours Federal Tax Law for CTEC

U.S. persons with significant interests in foreign partnerships must generally file Form 8865, Return of U.S. Persons with Respect to Certain Foreign Partnerships annually. This Form is used to report information with respect to controlled foreign partnerships, transfers to foreign partnerships and acquisitions, dispositions, and other changes in foreign partnership interests.

Topics Covered

  • Determining if a foreign entity is a partnership
  • Determining the proper filing categories
  • Creditability of foreign taxes
  • Reporting intercompany transactions on Schedule N
  • The mysteries of Schedules K-2 and K-3
  • Completing a sample Form 8865

Learning Objectives

  • Develop a practical understanding of U.S. international tax rules with respect to foreign partnerships
  • Understand the laws behind the information put on Form 8865
  • Understand the schedules to properly file Form 8865


Instructional Method
Group: Internet-based

NASBA Field of Study
Taxes (2 hours)

Program Prerequisites

Advance Preparation

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