Instructions For Forms 8804, 8805, And 8813 2005 (Page 6 of 8) in pdf

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section 1.1446-6T that the partnership

Unrecaptured section 1250 gains

File on page 2. Failure to provide an EIN

considered in whole or in part in making

(non-corporate beneficiaries only).

may delay processing of payments on

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this calculation must be attached to Form

Qualified dividend income and net

behalf of the partners.

8805.

long-term capital gains (including net

Line 3

section 1231 gains) (non-corporate

Schedule T–Beneficiary

See Address on page 5.

beneficiaries only).

Information

Attachments

Line 13

If the foreign partner is a foreign trust or

If the total section 1446 tax paid up

To determine the total tax credit allowed

estate, the foreign trust or estate must

through an installment period has been

to a beneficiary under section 1446,

provide to each of its beneficiaries, a copy

reduced as a result of relying in whole or

multiply each type of ECTI on line 12 by

of the Form 8805 furnished by the

in part on a partner’s certificate under

the applicable percentage (see page 3 for

partnership. In addition, the foreign trust

Regulations section 1.1446-6T, then that

definition).

or estate must complete Schedule T for

certificate must be attached to all Forms

each of its beneficiaries and must provide

Form 8813

8813 starting with the first installment

that Schedule T information to each

period in which the certificate was

beneficiary.

Line 1

considered. Under these circumstances,

The foreign trust or estate may provide

a partnership must file Form 8813 for an

A partnership without a U.S. EIN must

all of the information listed in the previous

installment period even if no section 1446

obtain one and must pay any section

paragraph on a single Form 8805 for

withholding tax is due. Also, under these

1446 withholding tax due. If the

each of its beneficiaries. In this case, the

circumstances, the partnership must

partnership has not received an EIN by

information provided in boxes 1a through

attach to the Form 8813 a computation of

the time it files Form 8813, indicate on

10 will be the same for all of the

the tax due relating to each partner

line 1 of Form 8813 the date the

beneficiaries, but the information provided

whose certificate it relied on. See

partnership applied for its EIN. On receipt

on Schedule T may vary from beneficiary

Regulations section 1.1446-6T(d)(2)(ii).

of its EIN, the partnership must

to beneficiary, depending on the

immediately send that number to the IRS

ownership interests of the respective

using the address as shown in Where To

beneficiaries.

Schedule T does not apply if the

partnership’s tax year began after

December 31, 2004, and before

CAUTION

Paperwork Reduction Act Notice. We ask for the information on these forms to carry

May 19, 2005, and the partnership has

out the Internal Revenue laws of the United States. You are required to give us the

not made the election described in

information. We need it to ensure that you are complying with these laws and to allow

Effective dates under What’s New on

us to figure and collect the right amount of tax. Section 6109 requires return preparers

page 1. Therefore, a foreign partner

to provide their identifying numbers on the return.

(which is also a foreign trust or estate) of

a partnership described in the previous

You are not required to provide the information requested on a form that is subject

sentence is not required to complete

to the Paperwork Reduction Act unless the form displays a valid OMB control number.

Form 8805, Schedule T, with respect to

Books or records relating to a form or its instructions must be retained as long as their

its allocable share of ECTI of such a

contents may become material in the administration of any Internal Revenue law.

partnership.

Generally, tax returns and return information are confidential, as required by section

6103.

Line 11c

The time needed to complete and file this form will vary depending on individual

See Address on page 5.

circumstances. The estimated average time are:

Line 12

Form

8804

8805

8813

Enter the amount of ECTI on line 9 to be

Recordkeeping

52 min.

39 min.

26 mi.

included in the beneficiary’s gross

Learning about the law or the form

54 min.

53 min.

49 min.

income. The foreign trust or estate must

Preparing the form

24 min.

21 min.

16 min.

provide a statement (generally Schedule

Copying, assembling, and sending

K-1 (Form 1041)) to each of its

the form to the IRS

20 min.

16 min.

10 min.

beneficiaries that lists each income type

If you have comments concerning the accuracy of these time estimates or

of ECTI included on line 12. The income

suggestions for making this form simpler, we would be happy to hear from you. You

types of ECTI that may be included on

can write to the Internal Revenue Service, Tax Products Coordinating Committee,

line 12 are:

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SE:W:CAR:MP:T:T:SP, 1111 Constitution Ave. NW, IR-6406, Washington, DC 20224.

Net ordinary income.

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Do not send the tax forms to this address. Instead, see Where To File on page 2.

28% rate gains (non-corporate

beneficiaries only).

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Instructions for Forms 8804, 8805, and 8813

Instructions For Forms 8804, 8805, And 8813 2005 Page 6

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