- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
I received a Form 926 information sheet with my Form K-1. Do I have to file a Form 926 with my tax return?
I only own 100 shares of the Master Limited Partnership.
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Business & farm
Form 926 - Return by a U.S. Transferor of Property to a Foreign Corporation was filed by the partnership and sent to you for information.
You do not need to report this form 926 on your tax return. You only enter your form K-1.
**Mark the post that answers your question by clicking on "Mark as Best Answer"
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Business & farm
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Business & farm
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Business & farm
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Business & farm
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Business & farm
We are tax preparers were 3 clients in the same situation, with complicated returns that need to file form 926. Our professional tax software does not support form 926, therefore we can't e-file that form. What was the outcome on mailing in the form separately, as it says you can't attach tax forms as pdfs. Please let me know. Thanks
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Business & farm
regarding filing of form 926 for foreign transfer reported on a K1, my read of the IRS instructions is this. There is a 5% ownership limitation of the entity involved and if your ownership is less, filing is not required. In my case, total value of transfers reported on my K1 was less than $500, and I own far less than 1% of the transferring entity, so I think that the
926 filing is not required.