| What IRS Forms are used to report federal income taxes paid on behalf of these Foreign Partners?
The IRS has instructed that all "Partnerships (with Foreign persons as shareholders) must use Forms 8804, 8805, and 8813 to pay and report section 1446 withholding tax based on effectively connected taxable income (ECTI) allocable to its foreign partners (as defined in section 1446(e))."
Taxpayers "must use Form 8804, Annual Return for Partnership Withholding Tax (Section 1446), to report the total liability under section 1446 for the partnership's tax year. Form 8804 is also a transmittal form for Form(s) 8805."
Furthermore, these Partnerships must use Form 8805, Foreign Partner's Information Statement of Section 1446 Withholding Tax, to show the amount of ECTI and the total tax credit allocable to the foreign partner for the partnership's tax year.
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