2025 Form 8865 (Schedule K-2) (PDF)

Official source: IRS Forms, Instructions & Publications (https://www.irs.gov/pub/irs-pdf/f8865sk2.pdf), retrieved 2026-10-03. U.S. Government work (17 U.S.C. § 105).

SCHEDULE K-2 (Form 8865)

Department of the Treasury Internal Revenue Service

2025¶

Name of partnership Employer identification number (EIN) (if any)

Reference ID number (see instructions)

A Check to indicate the parts of Schedule K-2 that apply. Yes No

1 Does Part I apply? If “Yes,” complete and attach Part I . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 2 Does Part II apply? If “Yes,” complete and attach Part II . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 3 Does Part III apply? If “Yes,” complete and attach Part III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 4 Does Part IV apply? If “Yes,” complete and attach Part IV . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 5 Does Part V apply? If “Yes,” complete and attach Part V . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 6 Does Part VI apply? If “Yes,” complete and attach Part VI . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 7 Does Part VII apply? If “Yes,” complete and attach Part VII . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 8 Does Part VIII apply? If “Yes,” complete and attach Part VIII . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8

B Check the applicable boxes. (1) Amended K-2 (2) Reserved for future use

Part I Partnership’s Other Current Year International Information

Check box(es) for additional specified attachments. See instructions.

Gain on personal property sale
Foreign oil and gas taxes
Splitter arrangements
Foreign tax translation
High-taxed income
Section 267A disallowed deduction
Reserved for future use
Form 5471 information
Other forms
Partner loan transactions
Dual consolidated loss
Splitter arrangements 6. Section 267A disallowed deduction 9. Other forms 12. Other international items

(attach description and statement) Part II Foreign Tax Credit Limitation Section 1—Gross Income

Foreign Source

Description (a) U.S. source

1 Sales A B C 2 Gross income from performance of services A B C 3 Gross rental real estate income A B C 4 Other gross rental income A B C

(b) Foreign branch (c) Passive (d) General (e) Other (g) Total partner

(d) General category income

(e) Other (category code )

(f) Sourced by

category income

(c) Passive category income

For Privacy Act and Paperwork Reduction Act Notice, see the separate instructions. Cat. No. 73346D Schedule K-2 (Form 8865) 2025 Created 11/7/25

Schedule K-2 (Form 8865) 2025 Page 2

Name of partnership EIN (if any) Reference ID number (see instructions)

Part II Foreign Tax Credit Limitation (continued) Section 1—Gross Income (continued)

Description	(a) U.S. source	Foreign Source				(f) Sourced by part n e r	(g) Total
Description	(a)U.S. source	(b)Foreign branch category income	(c)Passive category income	(d)General category income	(e) Other (category code )	(e) Other (category code )	(e) Other (category code )
5 Guaranteed payments . . . . .
6 Interest income A B C
6 Interest income A B C
6 Interest income A B C
7 Ordinary dividends (exclude amount on line 8) A B C
7 Ordinary dividends (exclude amount on line 8) A B C
7 Ordinary dividends (exclude amount on line 8) A B C
8 Qualified dividends A B C
8 Qualified dividends A B C
8 Qualified dividends A B C
9 Reserved for future use . . . . .
10 Royalties and license fees A B C
10 Royalties and license fees A B C
10 Royalties and license fees A B C
11 Net short-term capital gain A B C
11 Net short-term capital gain A B C
11 Net short-term capital gain A B C
12 Net long-term capital gain A B C
12 Net long-term capital gain A B C
12 Net long-term capital gain A B C
13 Collectibles (28%) gain A B C
13 Collectibles (28%) gain A B C
13 Collectibles (28%) gain A B C
14 Unrecaptured section 1250 gain A B C
14 Unrecaptured section 1250 gain A B C
14 Unrecaptured section 1250 gain A B C

Schedule K-2 (Form 8865) 2025

Schedule K-2 (Form 8865) 2025 Page 3

Name of partnership EIN (if any) Reference ID number (see instructions)

Part II Foreign Tax Credit Limitation (continued) Section 1—Gross Income (continued)

Schedule K-2 (Form 8865) 2025

Schedule K-2 (Form 8865) 2025 Page 4

Name of partnership EIN (if any) Reference ID number (see instructions)

Part II Foreign Tax Credit Limitation (continued) Section 2—Deductions

Schedule K-2 (Form 8865) 2025

Schedule K-2 (Form 8865) 2025 Page 5

Name of partnership EIN (if any) Reference ID number (see instructions)

Part II Foreign Tax Credit Limitation (continued) Section 2—Deductions (continued)

Description	(a) U.S. source	Foreign Source				(f) Sourced by part n e r	(g) Total
Description	(a)U.S. source	(b)Foreign branch category income	(c)Passive category income	(d)General category income	(e) Other (category code )	(e) Other (category code )	(e) Other (category code )
46 Section 986(c) loss . . . . . .
47 Section 987 loss . . . . . . .
48 Section 988 loss . . . . . . .
49 Other allocable deductions (see instructions) . . . . . . . .
50 Other apportioned share of deductions (see instructions) . . .
51 Reserved for future use . . . . .
52 Reserved for future use . . . . .
53 Reserved for future use . . . . .
54 Total deductions (combine lines 25 through 53) . . . . . . . .
55 Net income (loss) (subtract line 54 from line 24) . . . . . . . .

Section 1—R&E Expenses Apportionment Factors

Description	(a) U.S. source	Foreign Source				(f) Sourced by part n e r		(g) Total
Description	(a)U.S. source	(b)Foreign branch category income	(c)Passive category income	(d)General category income	(e) Other (category code ) (country code )	(e) Other (category code ) (country code )	(e) Other (category code ) (country code )	(e) Other (category code ) (country code )
1 Gross receipts by SIC code A SIC code: B SIC code: C SIC code: D SIC code: E SIC code: F SIC code:
1 Gross receipts by SIC code A SIC code: B SIC code: C SIC code: D SIC code: E SIC code: F SIC code:
1 Gross receipts by SIC code A SIC code: B SIC code: C SIC code: D SIC code: E SIC code: F SIC code:
1 Gross receipts by SIC code A SIC code: B SIC code: C SIC code: D SIC code: E SIC code: F SIC code:
1 Gross receipts by SIC code A SIC code: B SIC code: C SIC code: D SIC code: E SIC code: F SIC code:
1 Gross receipts by SIC code A SIC code: B SIC code: C SIC code: D SIC code: E SIC code: F SIC code:
2 Exclusive apportionment with respect to total R&E expenses entered on Part II, line 32. Enter the following. A R&E expense with respect to activity performed in the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B R&E expense with respect to activity performed outside the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	2 Exclusive apportionment with respect to total R&E expenses entered on Part II, line 32. Enter the following. A R&E expense with respect to activity performed in the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B R&E expense with respect to activity performed outside the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	2 Exclusive apportionment with respect to total R&E expenses entered on Part II, line 32. Enter the following. A R&E expense with respect to activity performed in the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B R&E expense with respect to activity performed outside the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	2 Exclusive apportionment with respect to total R&E expenses entered on Part II, line 32. Enter the following. A R&E expense with respect to activity performed in the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B R&E expense with respect to activity performed outside the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii)
SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	2 Exclusive apportionment with respect to total R&E expenses entered on Part II, line 32. Enter the following. A R&E expense with respect to activity performed in the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B R&E expense with respect to activity performed outside the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	2 Exclusive apportionment with respect to total R&E expenses entered on Part II, line 32. Enter the following. A R&E expense with respect to activity performed in the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B R&E expense with respect to activity performed outside the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	2 Exclusive apportionment with respect to total R&E expenses entered on Part II, line 32. Enter the following. A R&E expense with respect to activity performed in the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B R&E expense with respect to activity performed outside the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	2A(i)

Description	(a) U.S. source	Foreign Source				(f) Sourced by part n e r		(g) Total
2 Exclusive apportionment with respect to total R&E expenses entered on Part II, line 32. Enter the following. A R&E expense with respect to activity performed in the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B R&E expense with respect to activity performed outside the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	2 Exclusive apportionment with respect to total R&E expenses entered on Part II, line 32. Enter the following. A R&E expense with respect to activity performed in the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B R&E expense with respect to activity performed outside the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	2 Exclusive apportionment with respect to total R&E expenses entered on Part II, line 32. Enter the following. A R&E expense with respect to activity performed in the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B R&E expense with respect to activity performed outside the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	2 Exclusive apportionment with respect to total R&E expenses entered on Part II, line 32. Enter the following. A R&E expense with respect to activity performed in the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B R&E expense with respect to activity performed outside the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii)
SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	2 Exclusive apportionment with respect to total R&E expenses entered on Part II, line 32. Enter the following. A R&E expense with respect to activity performed in the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B R&E expense with respect to activity performed outside the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	2 Exclusive apportionment with respect to total R&E expenses entered on Part II, line 32. Enter the following. A R&E expense with respect to activity performed in the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B R&E expense with respect to activity performed outside the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	2 Exclusive apportionment with respect to total R&E expenses entered on Part II, line 32. Enter the following. A R&E expense with respect to activity performed in the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B R&E expense with respect to activity performed outside the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	2A(ii)

Description	(a) U.S. source	Foreign Source				(f) Sourced by part n e r		(g) Total
2 Exclusive apportionment with respect to total R&E expenses entered on Part II, line 32. Enter the following. A R&E expense with respect to activity performed in the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B R&E expense with respect to activity performed outside the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	2 Exclusive apportionment with respect to total R&E expenses entered on Part II, line 32. Enter the following. A R&E expense with respect to activity performed in the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B R&E expense with respect to activity performed outside the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	2 Exclusive apportionment with respect to total R&E expenses entered on Part II, line 32. Enter the following. A R&E expense with respect to activity performed in the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B R&E expense with respect to activity performed outside the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	2 Exclusive apportionment with respect to total R&E expenses entered on Part II, line 32. Enter the following. A R&E expense with respect to activity performed in the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B R&E expense with respect to activity performed outside the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii)
SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	2 Exclusive apportionment with respect to total R&E expenses entered on Part II, line 32. Enter the following. A R&E expense with respect to activity performed in the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B R&E expense with respect to activity performed outside the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	2 Exclusive apportionment with respect to total R&E expenses entered on Part II, line 32. Enter the following. A R&E expense with respect to activity performed in the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B R&E expense with respect to activity performed outside the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	2 Exclusive apportionment with respect to total R&E expenses entered on Part II, line 32. Enter the following. A R&E expense with respect to activity performed in the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B R&E expense with respect to activity performed outside the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	2A(iii)

Description	(a) U.S. source	Foreign Source				(f) Sourced by part n e r		(g) Total
2 Exclusive apportionment with respect to total R&E expenses entered on Part II, line 32. Enter the following. A R&E expense with respect to activity performed in the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B R&E expense with respect to activity performed outside the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	2 Exclusive apportionment with respect to total R&E expenses entered on Part II, line 32. Enter the following. A R&E expense with respect to activity performed in the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B R&E expense with respect to activity performed outside the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	2 Exclusive apportionment with respect to total R&E expenses entered on Part II, line 32. Enter the following. A R&E expense with respect to activity performed in the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B R&E expense with respect to activity performed outside the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	2 Exclusive apportionment with respect to total R&E expenses entered on Part II, line 32. Enter the following. A R&E expense with respect to activity performed in the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B R&E expense with respect to activity performed outside the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii)
SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	2 Exclusive apportionment with respect to total R&E expenses entered on Part II, line 32. Enter the following. A R&E expense with respect to activity performed in the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B R&E expense with respect to activity performed outside the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	2 Exclusive apportionment with respect to total R&E expenses entered on Part II, line 32. Enter the following. A R&E expense with respect to activity performed in the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B R&E expense with respect to activity performed outside the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	2 Exclusive apportionment with respect to total R&E expenses entered on Part II, line 32. Enter the following. A R&E expense with respect to activity performed in the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B R&E expense with respect to activity performed outside the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	2B(i)

Description	(a) U.S. source	Foreign Source				(f) Sourced by part n e r		(g) Total
2 Exclusive apportionment with respect to total R&E expenses entered on Part II, line 32. Enter the following. A R&E expense with respect to activity performed in the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B R&E expense with respect to activity performed outside the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	2 Exclusive apportionment with respect to total R&E expenses entered on Part II, line 32. Enter the following. A R&E expense with respect to activity performed in the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B R&E expense with respect to activity performed outside the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	2 Exclusive apportionment with respect to total R&E expenses entered on Part II, line 32. Enter the following. A R&E expense with respect to activity performed in the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B R&E expense with respect to activity performed outside the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	2 Exclusive apportionment with respect to total R&E expenses entered on Part II, line 32. Enter the following. A R&E expense with respect to activity performed in the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B R&E expense with respect to activity performed outside the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii)
SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	2 Exclusive apportionment with respect to total R&E expenses entered on Part II, line 32. Enter the following. A R&E expense with respect to activity performed in the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B R&E expense with respect to activity performed outside the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	2 Exclusive apportionment with respect to total R&E expenses entered on Part II, line 32. Enter the following. A R&E expense with respect to activity performed in the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B R&E expense with respect to activity performed outside the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	2 Exclusive apportionment with respect to total R&E expenses entered on Part II, line 32. Enter the following. A R&E expense with respect to activity performed in the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B R&E expense with respect to activity performed outside the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	2B(ii)

Description	(a) U.S. source	Foreign Source				(f) Sourced by part n e r		(g) Total
2 Exclusive apportionment with respect to total R&E expenses entered on Part II, line 32. Enter the following. A R&E expense with respect to activity performed in the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B R&E expense with respect to activity performed outside the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	2 Exclusive apportionment with respect to total R&E expenses entered on Part II, line 32. Enter the following. A R&E expense with respect to activity performed in the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B R&E expense with respect to activity performed outside the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	2 Exclusive apportionment with respect to total R&E expenses entered on Part II, line 32. Enter the following. A R&E expense with respect to activity performed in the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B R&E expense with respect to activity performed outside the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	2 Exclusive apportionment with respect to total R&E expenses entered on Part II, line 32. Enter the following. A R&E expense with respect to activity performed in the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B R&E expense with respect to activity performed outside the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii)
SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	2 Exclusive apportionment with respect to total R&E expenses entered on Part II, line 32. Enter the following. A R&E expense with respect to activity performed in the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B R&E expense with respect to activity performed outside the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	2 Exclusive apportionment with respect to total R&E expenses entered on Part II, line 32. Enter the following. A R&E expense with respect to activity performed in the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B R&E expense with respect to activity performed outside the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	2 Exclusive apportionment with respect to total R&E expenses entered on Part II, line 32. Enter the following. A R&E expense with respect to activity performed in the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B R&E expense with respect to activity performed outside the United States (i) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	2B(iii)

Schedule K-2 (Form 8865) 2025

Schedule K-2 (Form 8865) 2025 Page 6

Name of partnership EIN (if any) Reference ID number (see instructions)

Part III Other Information for Preparation of Form 1116 or 1118 (continued) Section 2—Interest Expense Apportionment Factors

Description	(a) U.S. source	Foreign Source				(f) Sourced by partner	(g) Total
Description	(a)U.S. source	(b)Foreign branch category income	(c)Passive category income	(d)General category income	(e) Other (category code ) (country code )	(e) Other (category code ) (country code )	(e) Other (category code ) (country code )
1 Total average value of assets . . .
2 Sections 734(b) and 743(b) adjustment to assets—average value .
3 Assets attracting directly allocable interest expense under Regulations section 1.861-10(e) . . . . . .
4 Other assets attracting directly allocable interest expense under Regulations section 1.861-10T . .
5 Assets excluded from apportionment formula . . . . . . . . .
6a Total assets used for apportionment (subtract the sum of lines 3, 4, and 5 from the sum of lines 1 and 2) . . . b Assets attracting business interest expense . . . . . . . . . c Assets attracting investment interest expense . . . . . . . . . d Assets attracting passive activity interest expense . . . . . . .
6a Total assets used for apportionment (subtract the sum of lines 3, 4, and 5 from the sum of lines 1 and 2) . . . b Assets attracting business interest expense . . . . . . . . . c Assets attracting investment interest expense . . . . . . . . . d Assets attracting passive activity interest expense . . . . . . .
6a Total assets used for apportionment (subtract the sum of lines 3, 4, and 5 from the sum of lines 1 and 2) . . . b Assets attracting business interest expense . . . . . . . . . c Assets attracting investment interest expense . . . . . . . . . d Assets attracting passive activity interest expense . . . . . . .
6a Total assets used for apportionment (subtract the sum of lines 3, 4, and 5 from the sum of lines 1 and 2) . . . b Assets attracting business interest expense . . . . . . . . . c Assets attracting investment interest expense . . . . . . . . . d Assets attracting passive activity interest expense . . . . . . .
7 Basis in stock of 10%-owned noncontrolled foreign corporations (see attachment) . . . . . . .
8 Basis in stock of CFCs (see attachment)

Foreign Source

Description (a) U.S. source

1 Foreign-derived gross receipts . . . . . 2 Cost of goods sold (COGS) . . . . . .

3 Partnership deductions allocable to foreignderived gross receipts . . . . . . . .

4 Other partnership deductions apportioned to foreign-derived gross receipts . . . . . .

(b) Passive (c) General (f) Total

(category code ) partner

category income category income

(c) General category income

(d) Other (category code )

(country code )

(e) Sourced by

Schedule K-2 (Form 8865) 2025

Schedule K-2 (Form 8865) 2025 Page 7

Name of partnership EIN (if any) Reference ID number (see instructions)

Part III Other Information for Preparation of Form 1116 or 1118 (continued) Section 4—Foreign Taxes

Description	(a) Type of tax	(b) Section 951A category income		(c) Foreign branch category income
Description	(a)Type of tax	U.S.	Foreign	U.S.	Foreign	Partner
1 Direct (section 901 or 903) foreign taxes: Paid Accrued A B C D E F
1 Direct (section 901 or 903) foreign taxes: Paid Accrued A B C D E F
1 Direct (section 901 or 903) foreign taxes: Paid Accrued A B C D E F
1 Direct (section 901 or 903) foreign taxes: Paid Accrued A B C D E F
1 Direct (section 901 or 903) foreign taxes: Paid Accrued A B C D E F
1 Direct (section 901 or 903) foreign taxes: Paid Accrued A B C D E F
2 Reduction of taxes (total) A Taxes on foreign mineral income . . . . . B Reserved for future use . . . . . . . . C International boycott provisions . . . . . D Failure-to-file penalties . . . . . . . . E Taxes with respect to splitter arrangements . . F Taxes on foreign corporate distributions . . . G Other . . . . . . . . . . . . .
2 Reduction of taxes (total) A Taxes on foreign mineral income . . . . . B Reserved for future use . . . . . . . . C International boycott provisions . . . . . D Failure-to-file penalties . . . . . . . . E Taxes with respect to splitter arrangements . . F Taxes on foreign corporate distributions . . . G Other . . . . . . . . . . . . .
2 Reduction of taxes (total) A Taxes on foreign mineral income . . . . . B Reserved for future use . . . . . . . . C International boycott provisions . . . . . D Failure-to-file penalties . . . . . . . . E Taxes with respect to splitter arrangements . . F Taxes on foreign corporate distributions . . . G Other . . . . . . . . . . . . .
2 Reduction of taxes (total) A Taxes on foreign mineral income . . . . . B Reserved for future use . . . . . . . . C International boycott provisions . . . . . D Failure-to-file penalties . . . . . . . . E Taxes with respect to splitter arrangements . . F Taxes on foreign corporate distributions . . . G Other . . . . . . . . . . . . .
2 Reduction of taxes (total) A Taxes on foreign mineral income . . . . . B Reserved for future use . . . . . . . . C International boycott provisions . . . . . D Failure-to-file penalties . . . . . . . . E Taxes with respect to splitter arrangements . . F Taxes on foreign corporate distributions . . . G Other . . . . . . . . . . . . .
2 Reduction of taxes (total) A Taxes on foreign mineral income . . . . . B Reserved for future use . . . . . . . . C International boycott provisions . . . . . D Failure-to-file penalties . . . . . . . . E Taxes with respect to splitter arrangements . . F Taxes on foreign corporate distributions . . . G Other . . . . . . . . . . . . .
2 Reduction of taxes (total) A Taxes on foreign mineral income . . . . . B Reserved for future use . . . . . . . . C International boycott provisions . . . . . D Failure-to-file penalties . . . . . . . . E Taxes with respect to splitter arrangements . . F Taxes on foreign corporate distributions . . . G Other . . . . . . . . . . . . .
3 Foreign tax redeterminations A Related tax year: Date tax paid: Contested tax . . . . . . . . . B Related tax year: Date tax paid: Contested tax . . . . . . . . . C Related tax year: Date tax paid: Contested tax . . . . . . . . .
3 Foreign tax redeterminations A Related tax year: Date tax paid: Contested tax . . . . . . . . . B Related tax year: Date tax paid: Contested tax . . . . . . . . . C Related tax year: Date tax paid: Contested tax . . . . . . . . .
3 Foreign tax redeterminations A Related tax year: Date tax paid: Contested tax . . . . . . . . . B Related tax year: Date tax paid: Contested tax . . . . . . . . . C Related tax year: Date tax paid: Contested tax . . . . . . . . .
4 Reserved for future use . . . . . . . .
5 Reserved for future use . . . . . . . .
6 Reserved for future use . . . . . . . .

Schedule K-2 (Form 8865) 2025

Schedule K-2 (Form 8865) 2025 Page 8

Name of partnership EIN (if any) Reference ID number (see instructions)

Part III Other Information for Preparation of Form 1116 or 1118 (continued) Section 4—Foreign Taxes (continued)

Schedule K-2 (Form 8865) 2025

Schedule K-2 (Form 8865) 2025 Page 9

Name of partnership EIN (if any) Reference ID number (see instructions)

Part IV Information on Partners’ Section 250 Deduction With Respect to Foreign-Derived Intangible Income (FDII) Section 1—Information To Determine Deduction Eligible Income (DEI) and Qualified Business Asset Investment (QBAI) on Form 8993

1 Net income (loss) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2a DEI gross receipts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b DEI COGS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c DEI properly allocated and apportioned deductions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3a Income and gain from the sale or other disposition of intangible property under section 250(b)(3)(A)(i)(VII)(aa) (see instructions) . . . . . . . . . . b Income and gain from the sale or other disposition of certain other property under section 250(b)(3)(A)(i)(VII)(bb) (see instructions) . . . . . . . . . 4 Controlled foreign corporation (CFC) dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 Financial services income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 Domestic oil and gas extraction income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 Foreign branch income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 Partnership QBAI . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	1
1 Net income (loss) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2a DEI gross receipts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b DEI COGS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c DEI properly allocated and apportioned deductions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3a Income and gain from the sale or other disposition of intangible property under section 250(b)(3)(A)(i)(VII)(aa) (see instructions) . . . . . . . . . . b Income and gain from the sale or other disposition of certain other property under section 250(b)(3)(A)(i)(VII)(bb) (see instructions) . . . . . . . . . 4 Controlled foreign corporation (CFC) dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 Financial services income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 Domestic oil and gas extraction income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 Foreign branch income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 Partnership QBAI . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	2a
1 Net income (loss) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2a DEI gross receipts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b DEI COGS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c DEI properly allocated and apportioned deductions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3a Income and gain from the sale or other disposition of intangible property under section 250(b)(3)(A)(i)(VII)(aa) (see instructions) . . . . . . . . . . b Income and gain from the sale or other disposition of certain other property under section 250(b)(3)(A)(i)(VII)(bb) (see instructions) . . . . . . . . . 4 Controlled foreign corporation (CFC) dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 Financial services income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 Domestic oil and gas extraction income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 Foreign branch income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 Partnership QBAI . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	2b
1 Net income (loss) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2a DEI gross receipts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b DEI COGS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c DEI properly allocated and apportioned deductions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3a Income and gain from the sale or other disposition of intangible property under section 250(b)(3)(A)(i)(VII)(aa) (see instructions) . . . . . . . . . . b Income and gain from the sale or other disposition of certain other property under section 250(b)(3)(A)(i)(VII)(bb) (see instructions) . . . . . . . . . 4 Controlled foreign corporation (CFC) dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 Financial services income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 Domestic oil and gas extraction income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 Foreign branch income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 Partnership QBAI . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	2c
1 Net income (loss) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2a DEI gross receipts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b DEI COGS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c DEI properly allocated and apportioned deductions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3a Income and gain from the sale or other disposition of intangible property under section 250(b)(3)(A)(i)(VII)(aa) (see instructions) . . . . . . . . . . b Income and gain from the sale or other disposition of certain other property under section 250(b)(3)(A)(i)(VII)(bb) (see instructions) . . . . . . . . . 4 Controlled foreign corporation (CFC) dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 Financial services income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 Domestic oil and gas extraction income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 Foreign branch income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 Partnership QBAI . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	3a
1 Net income (loss) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2a DEI gross receipts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b DEI COGS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c DEI properly allocated and apportioned deductions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3a Income and gain from the sale or other disposition of intangible property under section 250(b)(3)(A)(i)(VII)(aa) (see instructions) . . . . . . . . . . b Income and gain from the sale or other disposition of certain other property under section 250(b)(3)(A)(i)(VII)(bb) (see instructions) . . . . . . . . . 4 Controlled foreign corporation (CFC) dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 Financial services income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 Domestic oil and gas extraction income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 Foreign branch income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 Partnership QBAI . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	3b
1 Net income (loss) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2a DEI gross receipts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b DEI COGS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c DEI properly allocated and apportioned deductions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3a Income and gain from the sale or other disposition of intangible property under section 250(b)(3)(A)(i)(VII)(aa) (see instructions) . . . . . . . . . . b Income and gain from the sale or other disposition of certain other property under section 250(b)(3)(A)(i)(VII)(bb) (see instructions) . . . . . . . . . 4 Controlled foreign corporation (CFC) dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 Financial services income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 Domestic oil and gas extraction income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 Foreign branch income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 Partnership QBAI . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	4
1 Net income (loss) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2a DEI gross receipts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b DEI COGS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c DEI properly allocated and apportioned deductions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3a Income and gain from the sale or other disposition of intangible property under section 250(b)(3)(A)(i)(VII)(aa) (see instructions) . . . . . . . . . . b Income and gain from the sale or other disposition of certain other property under section 250(b)(3)(A)(i)(VII)(bb) (see instructions) . . . . . . . . . 4 Controlled foreign corporation (CFC) dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 Financial services income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 Domestic oil and gas extraction income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 Foreign branch income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 Partnership QBAI . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	5
1 Net income (loss) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2a DEI gross receipts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b DEI COGS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c DEI properly allocated and apportioned deductions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3a Income and gain from the sale or other disposition of intangible property under section 250(b)(3)(A)(i)(VII)(aa) (see instructions) . . . . . . . . . . b Income and gain from the sale or other disposition of certain other property under section 250(b)(3)(A)(i)(VII)(bb) (see instructions) . . . . . . . . . 4 Controlled foreign corporation (CFC) dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 Financial services income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 Domestic oil and gas extraction income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 Foreign branch income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 Partnership QBAI . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	6
1 Net income (loss) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2a DEI gross receipts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b DEI COGS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c DEI properly allocated and apportioned deductions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3a Income and gain from the sale or other disposition of intangible property under section 250(b)(3)(A)(i)(VII)(aa) (see instructions) . . . . . . . . . . b Income and gain from the sale or other disposition of certain other property under section 250(b)(3)(A)(i)(VII)(bb) (see instructions) . . . . . . . . . 4 Controlled foreign corporation (CFC) dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 Financial services income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 Domestic oil and gas extraction income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 Foreign branch income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 Partnership QBAI . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	7
1 Net income (loss) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2a DEI gross receipts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b DEI COGS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c DEI properly allocated and apportioned deductions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3a Income and gain from the sale or other disposition of intangible property under section 250(b)(3)(A)(i)(VII)(aa) (see instructions) . . . . . . . . . . b Income and gain from the sale or other disposition of certain other property under section 250(b)(3)(A)(i)(VII)(bb) (see instructions) . . . . . . . . . 4 Controlled foreign corporation (CFC) dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 Financial services income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 Domestic oil and gas extraction income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 Foreign branch income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 Partnership QBAI . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	8

(b) Foreign-derived income from all sales of

intangible property

(d) Total (add columns (a)

through (c))

Description

9 Gross receipts . . . . . . . . . . . . . . . . . . . . . . 10 COGS . . . . . . . . . . . . . . . . . . . . . . . . . 11 Allocable deductions . . . . . . . . . . . . . . . . . . . .

(a) Foreign-derived income from all sales of

general property

(c) Foreign-derived income from all services

12 Other apportioned deductions . . . . . . . . . . . . . . . . . . . . . . . . . . Section 3—Other Information for Preparation of Form 8993	. . . . . . . .	. . . . . 12
Description	(a)DEI	(b)FDDEI	(b)FDDEI	(c)Total
13 Interest deductions A Interest expense specifically allocable under Regulations section 1.861-10(e) . . . . . . . . . . . . B Other interest expense specifically allocable under Regulations section 1.861-10T . . . . . . . . . . C Other interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . .
13 Interest deductions A Interest expense specifically allocable under Regulations section 1.861-10(e) . . . . . . . . . . . . B Other interest expense specifically allocable under Regulations section 1.861-10T . . . . . . . . . . C Other interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . .
13 Interest deductions A Interest expense specifically allocable under Regulations section 1.861-10(e) . . . . . . . . . . . . B Other interest expense specifically allocable under Regulations section 1.861-10T . . . . . . . . . . C Other interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . .
14 Interest expense apportionment factors A Total average value of assets . . . . . . . . . . . . . . . . . . . . . . . . . . B Sections 734(b) and 743(b) adjustments to assets—average value . . . . . . . . . . . . . . . C Assets attracting directly allocable interest expense under Regulations section 1.861-10(e) . . . . . . . . D Other assets attracting directly allocable interest expense under Regulations section 1.861-10T . . . . . . E Assets excluded from apportionment formula . . . . . . . . . . . . . . . . . . . . . F Total assets used for apportionment (the sum of lines 14C, 14D, and 14E subtracted from the sum of lines 14A and 14B)
14 Interest expense apportionment factors A Total average value of assets . . . . . . . . . . . . . . . . . . . . . . . . . . B Sections 734(b) and 743(b) adjustments to assets—average value . . . . . . . . . . . . . . . C Assets attracting directly allocable interest expense under Regulations section 1.861-10(e) . . . . . . . . D Other assets attracting directly allocable interest expense under Regulations section 1.861-10T . . . . . . E Assets excluded from apportionment formula . . . . . . . . . . . . . . . . . . . . . F Total assets used for apportionment (the sum of lines 14C, 14D, and 14E subtracted from the sum of lines 14A and 14B)
14 Interest expense apportionment factors A Total average value of assets . . . . . . . . . . . . . . . . . . . . . . . . . . B Sections 734(b) and 743(b) adjustments to assets—average value . . . . . . . . . . . . . . . C Assets attracting directly allocable interest expense under Regulations section 1.861-10(e) . . . . . . . . D Other assets attracting directly allocable interest expense under Regulations section 1.861-10T . . . . . . E Assets excluded from apportionment formula . . . . . . . . . . . . . . . . . . . . . F Total assets used for apportionment (the sum of lines 14C, 14D, and 14E subtracted from the sum of lines 14A and 14B)
14 Interest expense apportionment factors A Total average value of assets . . . . . . . . . . . . . . . . . . . . . . . . . . B Sections 734(b) and 743(b) adjustments to assets—average value . . . . . . . . . . . . . . . C Assets attracting directly allocable interest expense under Regulations section 1.861-10(e) . . . . . . . . D Other assets attracting directly allocable interest expense under Regulations section 1.861-10T . . . . . . E Assets excluded from apportionment formula . . . . . . . . . . . . . . . . . . . . . F Total assets used for apportionment (the sum of lines 14C, 14D, and 14E subtracted from the sum of lines 14A and 14B)
14 Interest expense apportionment factors A Total average value of assets . . . . . . . . . . . . . . . . . . . . . . . . . . B Sections 734(b) and 743(b) adjustments to assets—average value . . . . . . . . . . . . . . . C Assets attracting directly allocable interest expense under Regulations section 1.861-10(e) . . . . . . . . D Other assets attracting directly allocable interest expense under Regulations section 1.861-10T . . . . . . E Assets excluded from apportionment formula . . . . . . . . . . . . . . . . . . . . . F Total assets used for apportionment (the sum of lines 14C, 14D, and 14E subtracted from the sum of lines 14A and 14B)
14 Interest expense apportionment factors A Total average value of assets . . . . . . . . . . . . . . . . . . . . . . . . . . B Sections 734(b) and 743(b) adjustments to assets—average value . . . . . . . . . . . . . . . C Assets attracting directly allocable interest expense under Regulations section 1.861-10(e) . . . . . . . . D Other assets attracting directly allocable interest expense under Regulations section 1.861-10T . . . . . . E Assets excluded from apportionment formula . . . . . . . . . . . . . . . . . . . . . F Total assets used for apportionment (the sum of lines 14C, 14D, and 14E subtracted from the sum of lines 14A and 14B)
R&E expenses apportionment factors 15 Gross receipts by SIC code A SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . B SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . C SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . .
R&E expenses apportionment factors 15 Gross receipts by SIC code A SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . B SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . C SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . .
R&E expenses apportionment factors 15 Gross receipts by SIC code A SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . B SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . C SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . .
16 R&E expenses by SIC code A SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . C SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	16 R&E expenses by SIC code A SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . C SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	16 R&E expenses by SIC code A SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . C SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	16A
16 R&E expenses by SIC code A SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . C SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	16 R&E expenses by SIC code A SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . C SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	16 R&E expenses by SIC code A SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . C SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	16B
16 R&E expenses by SIC code A SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . C SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	16 R&E expenses by SIC code A SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . C SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	16 R&E expenses by SIC code A SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . C SIC code: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	16C

Schedule K-2 (Form 8865) 2025

Schedule K-2 (Form 8865) 2025 Page 10

Name of partnership EIN (if any) Reference ID number (see instructions)

Part V Distributions From Foreign Corporations to Partnership

	(a) Name of distributing foreign corporation			(b) EIN or reference ID number		(c) Date of distribution	(d) Functional currency of distributing foreign corporation			(e) Amount of distribution in functional currency
A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
	(f) Amount of E&P distribution in functional currency	(g) Spot rate (functional currency to U.S. dollars)	(h) Amount of distribution in U.S. dollars	(h) Amount of distribution in U.S. dollars	(i) Amount of E&P distribution in U.S. dollars	(i) Amount of E&P distribution in U.S. dollars	(j) Qualified foreign corporation	(j) Qualified foreign corporation	(j) Qualified foreign corporation	(k) Reserved for future use
A
B
C
D
E
F
G
H
I
J
K
L
M
N
O

Schedule K-2 (Form 8865) 2025

Schedule K-2 (Form 8865) 2025 Page 11

Name of partnership EIN (if any) Reference ID number (see instructions)

Part VI Information on Partners’ Section 951(a)(1) and Section 951A Inclusions

a Separate category (enter code—see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b If U.S. source, complete as a separate Part VI by separate category and check box . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(b) EIN or (a) Name of CFC reference ID number

(c) Ending of CFC

tax year

(d) Partners’ share of CFC items through

their ownership in

the partnership (“aggregate share”)

(e) Aggregate share of

subpart F income

(f) Aggregate section

(g) Tested income 951(a)(1)(B) inclusion

A B C D E F G H

I J K 1 Partnership total (sum for all CFCs) . . . . . . . . . . . . . . . . . . . . . . . .

(i) Aggregate share of (h) Tested loss

tested income

(j) Aggregate share of

tested loss

(k) Aggregate share

of QBAI

(l) Aggregate share of

the tested loss

QBAI amount

(m) Aggregate share of

tested interest income

(n) Aggregate share of tested interest expense

Schedule K-2 (Form 8865) 2025

A B C D E F G H

I J K 1

( ) ( ) ( ) ( ) ( ) ( ) ( ) ( ) ( ) ( ) ( ) ( ) ( ) ( ) ( ) ( ) ( ) ( ) ( ) ( ) ( ) ( ) ( ) ( ) ( ) ( ) ( ) ( ) ( ) ( ) ( ) ( ) ( ) ( ) ( ) ( )

Schedule K-2 (Form 8865) 2025 Page 12

Name of partnership EIN (if any) Reference ID number (see instructions)

Part VII Information Regarding Passive Foreign Investment Companies (PFICs) Section 1—General Information

General Information

	(a) Name of PFIC		(b) EIN or reference ID number		(c) Address of PFIC					(d) Beginning of PFIC tax year					(e) Ending of PFIC tax year
A
B
C
D
E
F
G
H
I
J
K
L
Summary of Annual Information	Summary of Annual Information	Summary of Annual Information	Summary of Annual Information	Summary of Annual Information	Summary of Annual Information	Summary of Annual Information	Information Regarding Elections	Information Regarding Elections	Information Regarding Elections	Information Regarding Elections	Information Regarding Elections	Information Regarding Elections	Information Regarding Elections	Information Regarding Elections	Information Regarding Elections	Information Regarding Elections	Information Regarding Elections	Information Regarding Elections	Information Regarding Elections
	(f) Description of each class of PFIC shares	(g) Dates PFIC shares acquired during tax year (if applicable)	(g) Dates PFIC shares acquired during tax year (if applicable)	(h) Total number of PFIC shares held at end of tax year	(h) Total number of PFIC shares held at end of tax year	(i) Total value of PFIC shares held at end of tax year	(j) Check if foreign corporation has documented its eligibility to be treated as a qualifying insurance corporation under section 1297(f)(2).	(j) Check if foreign corporation has documented its eligibility to be treated as a qualifying insurance corporation under section 1297(f)(2).	(j) Check if foreign corporation has documented its eligibility to be treated as a qualifying insurance corporation under section 1297(f)(2).	(k) Check if PFIC has indicated its shares are “marketable stock” within the meaning of section 1296(e).	(k) Check if PFIC has indicated its shares are “marketable stock” within the meaning of section 1296(e).	(k) Check if PFIC has indicated its shares are “marketable stock” within the meaning of section 1296(e).	(l) Check if PFIC is also a CFC within the meaning of section 957.	(l) Check if PFIC is also a CFC within the meaning of section 957.	(l) Check if PFIC is also a CFC within the meaning of section 957.	(l) Check if PFIC is also a CFC within the meaning of section 957.	(m) Check if PFIC meets the income test or asset test of section 1297(a) for the tax year.	(m) Check if PFIC meets the income test or asset test of section 1297(a) for the tax year.	(m) Check if PFIC meets the income test or asset test of section 1297(a) for the tax year.
A
B
C
D
E
F
G
H
I
J
K
L

Schedule K-2 (Form 8865) 2025

Schedule K-2 (Form 8865) 2025 Page 13

Name of partnership EIN (if any) Reference ID number (see instructions)

Part VII Information Regarding Passive Foreign Investment Companies (PFICs) (continued) Section 2—Additional Information on PFIC or Qualified Electing Fund (QEF)

General Information QEF Information Section 1296 Mark-to-Market Information Section 1291 and Other Information

(i) Dates of distribution

(if applicable)

(h) Amount of cash

and FMV of property distributed

by PFIC during the

current tax year

(b) EIN or (a) Name of PFIC reference ID number

(c) Ordinary

earnings

(d) Net capital

gain

(e) Fair market

value (FMV) of PFIC shares at

beginning of

tax year

(f) FMV of PFIC

shares at

end of tax year

(g) Dates PFIC

shares were

acquired

A B C D E F G H

I J K

A B C D E F G H

I J K

Section 1291 and Other Information

(j) Total creditable foreign taxes attributable to

distribution by PFIC

(k) Total distributions from PFIC in preceding 3 tax years

(l) Dates PFIC shares disposed of during tax year

(if applicable)

(m) Amount realized on disposition of PFIC shares

(n) Tax basis of PFIC shares

on dates of disposition

(o) Gain (loss) on disposition

of PFIC shares

Schedule K-2 (Form 8865) 2025

Schedule K-2 (Form 8865) 2025 Page 14

Name of partnership EIN (if any) Reference ID number (see instructions)

Part VIII Partners’ Information for Base Erosion and Anti-Abuse Tax (Section 59A) Section 1—Applicable Taxpayer (see instructions)

(b) Total ECI gross Description (a) Total

receipts

1 Gross receipts for section 59A(e) . . . . . . . . . . . . . . . . . . . . . . 2 Gross receipts for the first preceding year . . . . . . . . . . . . . . . . . . . . 3 Gross receipts for the second preceding year . . . . . . . . . . . . . . . . . . 4 Gross receipts for the third preceding year . . . . . . . . . . . . . . . . . . .

5 Amounts included in the denominator of the base erosion percentage as described in Regulations section 1.59A-2(e)(3) . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(c) Total non-ECI gross

receipts

Section 2—Base Erosion Payments and Base Erosion Tax Benefits (see instructions)

Description	(a)Total	(b)Total base erosion payments	(c)Total base erosion tax benefits
6 Reserved for future use . . . . . . . . . . . . . . . . . . . . . . . . .
7 Cost sharing transaction payments . . . . . . . . . . . . . . . . . . . . . .
8 Purchase or creations of property rights for intangibles (patents, trademarks, etc.) . . . . . . . .
9 Rents, royalties, and license fees . . . . . . . . . . . . . . . . . . . . . .
10a Compensation/consideration paid for servicesnot excepted by section 59A(d)(5) . . . . . . . . b Compensation/consideration paid for services excepted by section 59A(d)(5) . . . . . . . . .
10a Compensation/consideration paid for servicesnot excepted by section 59A(d)(5) . . . . . . . . b Compensation/consideration paid for services excepted by section 59A(d)(5) . . . . . . . . .
11 Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . .
12 Payments for the purchase of tangible personal property . . . . . . . . . . . . . . .
13 Premiums and/or other considerations paid or accrued for insurance and reinsurance as covered by sections 59A(d)(3) and 59A(c)(2)(A)(iii) . . . . . . . . . . . . . . . . . . . . .
14a Nonqualified derivative payments . . . . . . . . . . . . . . . . . . . . . . b Qualified derivative payments excepted by section 59A(h) . . . . . . . . . . . . . . .
14a Nonqualified derivative payments . . . . . . . . . . . . . . . . . . . . . . b Qualified derivative payments excepted by section 59A(h) . . . . . . . . . . . . . . .
15 Payments reducing gross receipts made to surrogate foreign corporation . . . . . . . . . .
16 Other payments—specify:
17 Base erosion tax benefits related to payments reported on lines 6 through 16, on which tax is imposed by section 871, 881, or 884(f), with respect to which tax has been withheld under section 1441 or 1442 at the 30% statutory withholding tax rate or subject to tax under Regulations section 1.884-4(a)(2)(ii) at the 30% statutory rate (see instructions) . . . . . . . . . . . . . . . . . . . . . . .
18 Portion of base erosion tax benefits reported on lines 6 through 16, on which tax is imposed by section 871 or 881, with respect to which tax has been withheld under section 1441 or 1442 at reduced withholding rate pursuant to income tax treaty or subject to a reduced rate of tax under Regulations section 1.884-4(a)(2)(ii). Multiply the amount of the base erosion tax benefit by a fraction equal to the rate of tax imposed under the treaty over the 30% (0.30) statutory rate. See instructions . . . . . . .
19 Total base erosion tax benefits (subtract the sum of lines 17 and 18 from the sum of lines 7 through 16) .
20 Reserved for future use . . . . . . . . . . . . . . . . . . . . . . . . .
21 Reserved for future use . . . . . . . . . . . . . . . . . . . . . . . . .
22 Reserved for future use . . . . . . . . . . . . . . . . . . . . . . . . .

Schedule K-2 (Form 8865) 2025

Exceptions & meaning →

Description	(a) U.S. source	Foreign Source				(f) Sourced by partner	(g) Total
Description	(a)U.S. source	(b)Foreign branch category income	(c)Passive category income	(d)General category income	(e) Other (category code ) (country code )	(e) Other (category code ) (country code )	(e) Other (category code ) (country code )
1 Total average value of assets . . .
2 Sections 734(b) and 743(b) adjustment to assets—average value .
3 Assets attracting directly allocable interest expense under Regulations section 1.861-10(e) . . . . . .
4 Other assets attracting directly allocable interest expense under Regulations section 1.861-10T . .
5 Assets excluded from apportionment formula . . . . . . . . .
6a Total assets used for apportionment (subtract the sum of lines 3, 4, and 5 from the sum of lines 1 and 2) . . . b Assets attracting business interest expense . . . . . . . . . c Assets attracting investment interest expense . . . . . . . . . d Assets attracting passive activity interest expense . . . . . . .
6a Total assets used for apportionment (subtract the sum of lines 3, 4, and 5 from the sum of lines 1 and 2) . . . b Assets attracting business interest expense . . . . . . . . . c Assets attracting investment interest expense . . . . . . . . . d Assets attracting passive activity interest expense . . . . . . .
6a Total assets used for apportionment (subtract the sum of lines 3, 4, and 5 from the sum of lines 1 and 2) . . . b Assets attracting business interest expense . . . . . . . . . c Assets attracting investment interest expense . . . . . . . . . d Assets attracting passive activity interest expense . . . . . . .
6a Total assets used for apportionment (subtract the sum of lines 3, 4, and 5 from the sum of lines 1 and 2) . . . b Assets attracting business interest expense . . . . . . . . . c Assets attracting investment interest expense . . . . . . . . . d Assets attracting passive activity interest expense . . . . . . .
7 Basis in stock of 10%-owned noncontrolled foreign corporations (see attachment) . . . . . . .
8 Basis in stock of CFCs (see attachment)

Partners’ Distributive Share Items—International¶

2025¶