Form 8804 is an IRS tax form used by partnerships to report and pay the total withholding tax based on effectively connected taxable income (ECTI) allocated to foreign partners.
You can easily fill out and download printable Form 8804 from pdf.net for further use. All it takes is to open it in our editor and input the required information.
Form 8804 is an IRS tax form used by partnerships to report and pay the total withholding tax based on effectively connected taxable income (ECTI) allocated to foreign partners.
You can easily fill out and download printable Form 8804 from pdf.net for further use. All it takes is to open it in our editor and input the required information.
Step 1: Open Form 8804 in our PDF editor.
Step 2: Enter details about the partnership and the withholding agent in Parts I and II.
Step 3: Complete Part III with information about tax liability and payments, according to the Form 8804 instructions.
Step 4: Sign the document or have a preparer sign it.
Step 5: Attach Form 8805.
Step 6: Send the package to the IRS.
Form 8804 is used to summarize the total withholding tax on ECTI allocable to foreign partners, using the information provided on Forms 8805, which are filed for each partner separately. It also acts as a transmittal document for Forms 8805.
All partnerships (excluding publicly traded partnerships) that have effectively connected gross income allocable to a foreign partner must use Form 8804, regardless of whether income was distributed in that specific tax year.
Form 8804 is due on the 15th day of the 3rd month after the end of the partnership’s tax year. So, for the partnerships whose tax year aligns with the calendar year, this would be March 15th. If this date falls on a federal holiday or a weekend, the deadline is pushed to the next business day.
Furthermore, partnerships whose records and accounting books are outside of the U.S. have an extended deadline: the 15th day of the 6th month.
If you don’t submit Form 8804, you will be subject to penalties and interest on the tax due. The penalty is 5% of the tax amount for each month or part of the month that the filing is late, with a maximum of 25%. Exceptions can be made if you show there was a reasonable cause for filing late.
You file Form 8804 with the IRS using the designated address on the official website. This document is always submitted with Form 8805 and Form 8813, so send them together as a package.
You can get a blank Form 8804 from pdf.net or the official IRS website. Once you have it, open it in our PDF editor and complete the empty fields with the required information.
You can’t submit Form 8804 electronically; currently, the IRS only allows filing by mail. However, paying the associated taxes can be done electronically, and you’re encouraged to do so.
If your Form 8804 is missing information, you should file a corrected document as soon as possible to avoid potential penalties. This is simple; complete a new form and write “Amended” in the top margin and “Corrected” on attached Forms 8805. If you want to avoid this additional hassle, use a Form 8804 example as a guide before submission.
You can fill out your Form 8804 online by using our PDF editor and typing the required information directly on the document. When you’re done, download it and prepare it for printing.
You can view and edit the form for free. A subscription is required to download or export the completed document. Check out our pricing page to learn more.
You can correct mistakes on IRS Form 8804 by using the method described for missing information; submit an updated document with “Amended” written in the top margin.
It’s difficult to say how long the IRS needs to process Form 8804, as there is no available information about this. However, most documents are processed in a few weeks, so the same might be the case with this one.
The difference between Forms 8804 and 8805 is that the former is a summary return for the total partnership withholding tax, while the latter is an individual statement for each foreign partner.