Federal Transfer of Property to a Foreign Partnership (under section 6038B)
Extracted from PDF file 2018-federal-8865-schedule-o.pdf, last modified November 2018
Transfer of Property to a Foreign Partnership (under section 6038B)Transfer of Property to a Foreign Partnership SCHEDULE O (Form 8865) (Under Section 6038B) (Rev. December 2018) Department of the Treasury Internal Revenue Service Name of transferor OMB No. 1545-1668 Attach to Form 8865. See the Instructions for Form 8865. ▶ Go to www.irs.gov/Form8865 for instructions and the latest information. ▶ Filer’s identifying number EIN (if any) Name of foreign partnership Reference ID number (see instructions) 1a Is the partnership a section 721(c) partnership (as defined in Temporary Regulations section 1.721(c)-1T(b)(14))? See instructions . . . . . . . . . . . . . . . . . . . . . . . . b If “Yes,” was the gain deferral method applied to avoid the recognition of gain upon the contribution of property? 2 Was any intangible property transferred considered or anticipated to be, at the time of the transfer or at any time thereafter, a platform contribution as defined in Regulations section 1.482-7(c)(1)? . . . . . . . Transfers Reportable Under Section 6038B Part I Type of property (a) Date of transfer (b) Description of property (c) Fair market value on date of transfer (d) Cost or other basis (e) Recovery period (f) Section 704(c) allocation method Yes Yes No No Yes No (g) Gain recognized on transfer Cash Stock, notes receivable and payable, and other securities Inventory Tangible property used in trade or business Intangible property described in section 197(f)(9) Intangible property, other than intangible property described in section 197(f)(9) Other property Totals 3 Enter the transferor’s percentage interest in the partnership: (a) Before the transfer Supplemental Information Required To Be Reported (see instructions): Part II (b) After the transfer % Dispositions Reportable Under Section 6038B (a) Type of property Part III % (b) Date of original transfer (c) Date of disposition (d) Manner of disposition (e) Gain recognized by partnership (f) Depreciation recapture recognized by partnership (g) Gain allocated to partner Is any transfer reported on this schedule subject to gain recognition under section 904(f)(3) or ▶ section 904(f)(5)(F)? . . . . . . . . . . . . . . . . . . . . . . . . . For Paperwork Reduction Act Notice, see the Instructions for Form 8865. Cat. No. 25909U (h) Depreciation recapture allocated to partner Yes No Schedule O (Form 8865) 12-2018
Schedule O (Form 8865) (Rev. December 2018)
More about the Federal 8865 (Schedule O) Corporate Income Tax
We last updated the Transfer of Property to a Foreign Partnership (under section 6038B) in December 2018, and the latest form we have available is for tax year 2018. This means that we don't yet have the updated form for the current tax year. Please check this page regularly, as we will post the updated form as soon as it is released by the Federal Internal Revenue Service. You can print other Federal tax forms here.
Related Federal Corporate Income Tax Forms:
|Form Code||Form Name|
|8865 (Schedule K-1)||Partner's Share of Income, Deductions, Credits, etc.|
|8865 (Schedule P)||Acquisitions, Dispositions, and Changes of Interests in a Foreign Partnership (under section 6046A)|
The Internal Revenue Service usually releases income tax forms for the current tax year between October and January, although changes to some forms can come even later. We last updated Federal 8865 (Schedule O) from the Internal Revenue Service in December 2018.
About the Corporate Income Tax
The IRS and most states require corporations to file an income tax return, with the exact filing requirements depending on the type of company.
Sole proprietorships or disregarded entities like LLCs are filed on Schedule C (or the state equivalent) of the owner's personal income tax return, flow-through entities like S Corporations or Partnerships are generally required to file an informational return equivilent to the IRS Form 1120S or Form 1065, and full corporations must file the equivalent of federal Form 1120 (and, unlike flow-through corporations, are often subject to a corporate tax liability).
Additional forms are available for a wide variety of specific entities and transactions including fiduciaries, nonprofits, and companies involved in other specific types of business.
Historical Past-Year Versions of Federal 8865 (Schedule O)
We have a total of eight past-year versions of 8865 (Schedule O) in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:
Schedule O (Form 8865) (Rev. December 2018)
2017 Form 8865 (Schedule O)
2016 Form 8865 (Schedule O)
2015 Form 8865 (Schedule O)
2014 Form 8865 (Schedule O)
2013 Form 8865 (Schedule O)
2012 Form 8865 (Schedule O)
2011 Form 8865 (Schedule O)
While we do our best to keep our list of Federal Income Tax Forms up to date and complete, we cannot be held liable for errors or omissions. Is the form on this page out-of-date or not working? Please let us know and we will fix it ASAP.