Form FFIEC 004

Instructions and help about Form FFIEC 004

all right for this video i wanted to cover the irs form 8865. it is filed by u.s persons with their federal tax return to disclose their ownership interests in a foreign partnership um now i've got a sample 8865 in front of us that we'll walk through and then i've got a slide here that covers some of the basic information um and what type of category uh filer we'll look at in this video so it's really important first to highlight whether you're a us person or not whether you have an interest in a forum partnership and what type of category file you are right so for filing this form is category one two three and four filers each type of filer has different thresholds and each type of filer has different types of reporting requirements within the 8865 so the 8865 every filer completes the first two pages with the basic information here but then there's a lot of other schedules included a a1 a2 so on schedule b schedule k a lot of these schedules are not completed for certain types of fi