Form 8805 - Foreign Partner’s Information Statement of Section 1446 Withholding Tax
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Form 8805 is a four-part form a U.S. partnership prepares for each foreign partner to report the amount of effectively connected taxable income (ECTI) and the total tax credit allocable to the partner for the partnership's tax year. Two of the four copies are for the IRS and the withholding agent, and the remaining two copies are sent to the partner.
The foreign partner includes the information in Form 8805 in their nonresident U.S. income tax return to claim a withholding credit for their share of section 1446 tax withheld by the partnership.
To enter Form 8805 in the nonresident individual income tax return in Tax Processors Plus Online, from the Federal Section of the return (Form 1040-NR) select:
- Payments & Estimates
- Foreign Partner's Information Statement - Enter the information from Form 8805.
Additional Information: