International

Form 8858: Information Return of U.S. Persons With Respect to Foreign Disregarded Entities and Foreign Branches

Required information return for U.S. persons who own foreign disregarded entities or operate foreign branches, reporting the entity's income and balance sheet.

Who Files This Form?

U.S. persons who are tax owners of foreign disregarded entities or who operate qualified business units (foreign branches).

Key Fields

  • Foreign entity information
  • Income statement
  • Balance sheet
  • Transactions with related parties

Filing Deadlines

Due Date

Due with income tax return

Late Filing Penalty

$10,000 penalty for failure to file; additional $10,000 for each 30 days of non-filing after IRS notice (up to $50,000).

Related Forms

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