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Returning Member
posted May 5, 2021 2:51:12 PM

How to deal with Form 8805 in personal income tax return?

Hi,

I was issued a form 8805 for my partnership along with schedule k-1.

Can someone please let me know 

  • Should I file anything in my personal income tax return related to 8805?
  • I have filled k-1 information, but I cannot see a section to fill information from my 8805, so where do I fill if I need to?

Appreciate any guidance.

 

thanks

N

0 2 1811
2 Replies
Level 15
May 5, 2021 4:24:38 PM

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.

Returning Member
May 5, 2021 6:03:21 PM

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.

  • Does this mean, I cannot do the electronic filing from TurboTax directly?
  • Do I have still have alternate ways to do e-filing or do I have to mail it?

thanks

N