1623433
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

hasi
New Member

Hi, I own a share in a foreign partnership. The partnership itself holds one house. How do I report the income on my US tax return?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply

Hi, I own a share in a foreign partnership. The partnership itself holds one house. How do I report the income on my US tax return?

Hi,

 

It seems like you will need to fill out Form 8865 to report your allocable share of the partnership income and deductions. In your case, the partnership would report foreign rental income and deduction associated with the rental property. Since this form is complex I would recommend contacting CPA with international tax experience to help you out.

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question