×
tax forms found in
Tax Form Code
Tax Form Name

Federal Free Printable Form 965 (January 2019) for 2019 Federal Inclusion of Deferred Foreign Income Upon Transition to Participation Exemption System

It appears you don't have a PDF plugin for this browser. Please use the link below to download 2018-federal-965.pdf, and you can print it directly from your computer.

Inclusion of Deferred Foreign Income Upon Transition to Participation Exemption System
Form 965 (January 2019)

Form 965 (January 2019) Department of the Treasury Internal Revenue Service For calendar year 20 Inclusion of Deferred Foreign Income Upon Transition to Participation Exemption System OMB No. 1545-0123 Attach to tax return. Go to www.irs.gov/Form965 for instructions and the latest information. ▶ ▶ , or other tax year beginning , 20 , and ending , 20 , of the filer. Identifying number Name of person filing this return Note. Throughout this form, the term “2018 tax year” refers to 2018 calendar tax years and fiscal tax years of the person filing this return that begin in 2018. The term “2017 tax year” refers to 2017 calendar tax years and fiscal tax years of the person filing this return that begin in 2017. Part I 1 2 3 4 5 6 Section 965(a) Inclusion 2018 tax year section 965(a) inclusion amounts from Schedule A. Enter the sum of column (k) of Schedule A . . . . . . . . . . . . . . 2018 tax year section 965(a) inclusions from pass-throughs. Attach schedule . . . . . . . Total 2018 tax year section 965(a) inclusion. Add lines 1 and 2. Enter the sum here and on your tax return as follows. Corporations: Enter the line 3 total on Form 1120, Schedule C, line 15, column (a), or the corresponding line of other corporate tax returns. All others: See instructions . . . . . . . . . . . . . . . . . . ▶ 2017 tax year section 965(a) inclusion amounts from Schedule A. Enter the sum of column (j) of Schedule A . . . . . . . . . . . . . . . . . 2017 tax year section 965(a) inclusions from pass-throughs. Attach schedule . . . . Total 2017 tax year section 965(a) inclusion. Add lines 4 and 5 . . . . . . . . ▶ Part II 1 2 3 4 5 6 Section 965(c) Deduction SECTION 1—Section 965(c) Deduction by Tax Year 7 8 9 10 11 12 13 14 15 16 17 2018 Tax Year . . . . . 7 . . . . . . . . . . 8 9 . . . . . 10 . . . . . . . . . . 11 12 . . . . . 13 . . . . . 14 . . . . . 15 . . . . . 16 Total 2018 tax year section 965(c) deduction. Add lines 15 and 16. Enter the sum here and on your tax return as follows. Corporations: Enter the line 17 total on Form 1120, Schedule C, line 15, column (c), or the corresponding line of other corporate tax returns. All others: See instructions . . . . . . . . . . . . . . . . . . . 17 Enter the amount from Part I, line 1. If -0-, skip to line 16 . . . . . . . Aggregate Foreign Cash Position. Enter the sum from Schedule D, line 21 . . . . . . . . . . . . . Enter the smaller of line 7 or 8 . . . . . . . . . . . . . . . . Enter the 2018 15.5% Rate Equivalent Percentage from Part II, Section 2. Enter amount from Section 2, line 1a . . . . . . . . . . . . . . Section 965(c) Deduction Related to 15.5% Rate Equivalent Percentage. Multiply line 9 by line 10 . . . . . . . . . . . . . . . . . . Subtract line 9 from line 7 . . . . . . . . . . . . . . . . . Enter the 2018 8% Rate Equivalent Percentage from Part II, Section 2. Enter amount from Section 2, line 1b . . . . . . . . . . . . . . Section 965(c) Deduction Related to 8% Rate Equivalent Percentage. Multiply line 12 by line 13 . . . . . . . . . . . . . . . . . 2018 tax year section 965(c) deduction not from pass-throughs. Add lines 11 and 14 . . . . . . . . . . . . . . . . . . . 2018 tax year section 965(c) deduction from pass-throughs. Attach schedule . . . . . . . . . . . . . . . . . . . . For Privacy Act and Paperwork Reduction Act Notice, see the separate instructions. Cat. No. 71279D Form 965 (1-2019) Page 2 Form 965 (1-2019) SECTION 1—Section 965(c) Deduction by Tax Year (continued) 18 19 Enter the amount from Part I, line 4. If -0-, skip to line 27 Aggregate Foreign Cash Position. Enter the sum from Schedule D, line 19 . . . . . . Enter the smaller of line 18 or 19 . . . . . . . . 20 21 2017 Tax Year . . . . . . . . . . . . 18 . . . . . . . . . . . . . . . . . . . . . . . . 19 20 Enter the 2017 15.5% Rate Equivalent Percentage from Part II, Section 2. For calendar year persons, enter amount from Section 2, line 1a. For fiscal year persons, enter amount from Section 2, line 2c . . . . . . . . . . . . . . . . . . . . . Section 965(c) Deduction Related to 15.5% Rate Equivalent Percentage. Multiply line 20 by line 21 . . . . . . . . . . . . . . . . . . . . . . Subtract line 20 from line 18 . . . . . . . . . . . . . . . . . . . . . 22 23 24 Enter the 2017 8% Rate Equivalent Percentage from Part II, Section 2. For calendar year persons, enter amount from Section 2, line 1b. For fiscal year persons, enter amount from Section 2, line 2e . . . . . . . . . . . . . . . . . . . . Section 965(c) Deduction Related to 8% Rate Equivalent Percentage. Multiply line 23 by line 24 . . . . . . . . . . . . . . . . . . . . . 2017 tax year section 965(c) deductions not from pass-throughs. Add lines 22 and 25 . . . . . . . . . . . . . . . . . . . . . . . 2017 tax year section 965(c) deductions from pass-throughs. Attach schedule . . . . . . . . . . . . . . . . . . . . . . . . Total 2017 tax year section 965(c) deductions. Add lines 26 and 27 . . . . . . . . . . . . . . . . . . . . . . . 25 26 27 28 21 22 23 . 24 . 25 . 26 . 27 . 28 SECTION 2—Rate Equivalent Percentages 1 Calendar Year Persons 2017 Calendar Year 2018 Tax Year a 15.5 Percent Rate Equivalent Percentage b 8 Percent Rate Equivalent Percentage 2 2017 Fiscal Year Persons a Enter the section 15 blended rate calculated in accordance with section 965(c)(2) (see instructions) 15.5 Percent Rate Equivalent Percentage b Subtract 15.5% from line 2a . . . . . . . . . . . . . . . . . . . . . c Divide line 2b by line 2a . . . . . . . . . . . . . . . . . . . . . . . 8 Percent Rate Equivalent Percentage d Subtract 8% from line 2a . . . . . . . . . . . . . . . . . . . . . . . e Divide line 2d by line 2a . . . . . . . . . . . . . . . . . . . . . . . Part III A B C D E 2a 2b 2c 2d 2e Elections Was an election made to pay the net tax liability over 8 years as provided for in section 965(h)? Complete if a shareholder in an S corporation. Was an election made to defer payment of net tax liability as provided for in section 965(i)? . . Complete if a Real Estate Investment Trust. Was an election made to include income over 8 years as provided for in section 965(m)? . . Was an election made not to apply a net operating loss deduction as provided in section 965(n)? Was the election provided for in Regulations section 1.965-2(f)(2) made? . . . . . . . . Yes No . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Form 965 (1-2019)
Extracted from PDF file 2018-federal-965.pdf, last modified December 2018

More about the Federal 965 Individual Income Tax TY 2018

We last updated the Inclusion of Deferred Foreign Income Upon Transition to Participation Exemption System in February 2019, so this is the latest version of 965, fully updated for tax year 2018. You can download or print current or past-year PDFs of 965 directly from TaxFormFinder. You can print other Federal tax forms here.

Related Federal Individual Income Tax Forms:

TaxFormFinder has an additional 774 Federal income tax forms that you may need, plus all federal income tax forms. These related forms may also be needed with the Federal 965.

Form Code Form Name
Form 8965 Health Coverage Exemptions
8965 Health Coverage Exemptions
Inst 8965 Instructions for Form 8965, Health Coverage Exemptions
965-A Individual Report of Net 965 Tax Liability
965-B Corporate and Real Estate Investment Trust (REIT) Report of Net 965 Tax Liability and (REIT) Report of Net 965 Inclusion
965 (Schedule A) U.S. Shareholder's Section 965(a) Inclusion Amount
965 (Schedule B) Deferred Foreign Income Corporation’s Earnings and Profits (E&P)
965 (Schedule C) U.S. Shareholder's Aggregate Foreign Earnings and Profits Deficit (E&P)
965 (Schedule D) U.S. Shareholder's Aggregate Foreign Cash Position
965 (Schedule E) U.S. Shareholder's Aggregate Foreign Cash Position - Detail

Download all  tax forms View all 775 Federal Income Tax Forms


Form Sources:

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 965 from the Internal Revenue Service in February 2019.

Show Sources >

About the Individual Income Tax

The IRS and most states collect a personal income tax, which is paid throughout the year via tax withholding or estimated income tax payments.

Most taxpayers are required to file a yearly income tax return in April to both the Internal Revenue Service and their state's revenue department, which will result in either a tax refund of excess withheld income or a tax payment if the withholding does not cover the taxpayer's entire liability. Every taxpayer's situation is different - please consult a CPA or licensed tax preparer to ensure that you are filing the correct tax forms!


TaxFormFinder Disclaimer:

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.

** This Document Provided By TaxFormFinder.org **
Source: http://www.taxformfinder.org/federal/965