Correction to Schedule K-2 (Form 8865) for tax year 2023

New guidance for tax year beginning in 2023 for Schedule K-2 (Form 8865).
Forms and Instructions
Tax Professionals, Businesses, Partnerships

Instructions for filing Form 8865 and attaching Form 3800 and certain other forms for tax years beginning in 2023

New guidance for filing Form 8865 for tax years beginning in tax year 2023
Forms and Instructions

About Form 8865, Return of U.S. Persons With Respect to Certain Foreign Partnerships

Information about Form 8865, Return of U.S. Persons With Respect to Certain Foreign Partnerships, including recent updates, related forms, and instructions on how to file. Form 8865 is used to report the information required under section 6038 (reporting with respect to controlled foreign partnerships), section 6038B (reporting of transfers to foreign partnerships), or section 6046A (reporting acquisitions, dispositions, and changes in foreign partnership interests).
General Information
Partnerships

Form 8865, Return of U.S. Persons With Respect to Certain Foreign Partnerships

Use Form 8865, Return of U.S. Persons With Respect to Certain Foreign Partnerships, to report the information required under section 6038 (reporting with respect to controlled foreign partnerships), section 6038B (reporting of transfers to foreign partnerships), or section 6046A (reporting of acquisitions, dispositions, and changes in foreign partnership interests).
Forms and Instructions

Schedule P (Form 8865), Acquisitions, Dispositions, and Changes of Interests in a Foreign Partnership

Schedule P (Form 8865), Acquisitions, Dispositions, and Changes of Interests in a Foreign Partnership
Forms and Instructions

Form 8865 (Schedule K-2), Partners' Distributive Share Items - International

Schedule K-2 (Form 8865), Partners' Distributive Share Items - International, is an extension of Schedule K of the Form 8865 and is used to report items of international tax relevance from the operation of a partnership.
Forms and Instructions

Form 8865 (Schedule K-1), Partner's Share of Income, Deductions, Credits, etc.

Form 8865 (Schedule K-1), Partner's Share of Income, Deductions, Credits, etc.
Forms and Instructions

Schedule O (Form 8865), Transfer of Property to a Foreign Partnership (under section 6038B)

Form 8865 (Schedule O), Transfer of Property to a Foreign Partnership (under section 6038B)
Forms and Instructions

Form 8865 (Schedule K-3), Partner's Share of Income, Deductions, Credits, etc.-International

Schedule K-3 (Form 8865), Partner's Share of Income, Deductions, Credits, etc.-International, used to report the share of the items reported on Schedule K-2. The information reported on Schedule K-3 is used to report information on a partner’s tax or information returns.
Forms and Instructions

Schedule G (Form 8865), Statement of Application of the Gain Deferral Method Under Section 721(c)

Schedule G (Form 8865), Statement of Application of the Gain Deferral Method Under Section 721(c)
Forms and Instructions