Jan 28, 2025 · Form 8858 is used by certain U.S. persons that own a foreign disregarded entity (FDE) directly or, in certain circumstances, indirectly or constructively to satisfy the reporting requirements of sections 6011, 6012, 6031, and 6038, and related regulations.

Form 8858 (Rev. December 2024) Department of the Treasury Internal Revenue Service. Information Return of U.S. Persons With Respect to Foreign Disregarded Entities (FDEs) and Foreign Branches (FBs) Go to . www.irs.gov/Form8858. for instructions and the latest information.

Form 8858, “Information Return of U.S. Persons With Respect to Foreign Disregarded Entities and Foreign Branches,” is a tax form used by the IRS to collect information about certain foreign companies, or entities, owned by U.S. taxpayers.

Form 8858 is due to be filed annually each year that a us person files their U.S. tax return. Therefore, depending on which date the tax return is due and whether the Taxpayer qualifies as a foreign resident and/or files for an extension will determine when Form 8858 is required.

Sep 11, 2024 · Who Must File Form 8858, and Why Is It Important? U.S. persons that operate a foreign branch, own a foreign disregarded entity, or have specified interests in tax owners of FBs or FDEs must file Form 8858.

Form 8858, Information Return of U.S. Persons With Respect to Foreign Disregarded Entities (FDEs) and Foreign Branches (FBs) In addition to foreign disregarded entities (FDEs), Form 8858 filing has been expanded to include foreign branches (FBs) for tax years 2018 and later.

identifying information on page 1 of Form 8858 (for example, everything above Schedule C) and Schedules G, H, J, and the separate Schedule M (Form 8858). You are not required to complete Form 8858 if there is a category 1 filer of Form 8865 that completes the entire Form 8858 and separate Schedule M (Form 8858) with respect to the FDE or FB.

Feb 11, 2025 · Form 8858 is a tax form that certain US taxpayers with foreign disregarded entities or foreign branches must file. A foreign disregarded entity is a business entity created outside the US that is not recognized as separate from its owner for tax purposes.

Form 8858 is due when your income tax return or information return is due, including extensions. If you are the tax owner of the FDE or operate an FB, attach Form 8858 and the separate Schedule M (Form 8858), if required, to your income tax return or information return.

May 11, 2024 · Form 8858: A tax form required by the US government to report information about certain foreign business activities and entities. US persons: This term includes US individuals and corporations, partnerships, and trusts formed in a US state, along with domestic estates.