Form 8804: A Complete Guide for Foreign Partnerships With US Income

When a U.S. partnership involves foreign partners, Form 8804 plays a crucial role in ensuring that foreign partners meet their U.S. tax obligations and reporting compliance. Miss it, or skip required quarterly 8813 deposits, and you can trigger late-filing/late-payment penalties and interest, even if you later file an extension. Here’s how things go wrong: After … [Read more…]