in [Event] Ask the Experts: Itemized Deductions - Schedule A
2252717
Hi,
I was issued a form 8805 for my partnership along with schedule k-1.
Can someone please let me know
Appreciate any guidance.
thanks
N
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Turbotax does not handle form 8805.
IRS instructions
Foreign partners must attach Form
8805 to their U.S. income tax returns to
claim a withholding credit for their
shares of the section 1446 tax withheld
by the partnership. Any U.S. person
erroneously subjected to the
withholding tax would also receive Form
8805 from a partnership, and the Form
8805 should be attached to the U.S.
person's income tax return to claim a
withholding credit.
Hi Mike,
Thanks for your response, I came across this from IRS as well, but I am not sure how to proceed from Turbo Tax perspective.
thanks
N
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