Other Useful Forms for Partnerships

Form, Return, or Statement	Use this to—
W-2andW-3—Wage and Tax Statement; and Transmittal of Wage and Tax Statements	Report wages, tips, other compensation, and withheld income, social security, and Medicare taxes for employees.
720—Quarterly Federal Excise Tax Return	Report and pay environmental excise taxes, communications and air transportation taxes, fuel taxes, manufacturers taxes, ship passenger tax, and certain other excise taxes.
940—Employer’s Annual Federal Unemployment (FUTA) Tax Return	Report and pay FUTA tax.
941—Employer’s QUARTERLY Federal Tax Return	Report quarterly income tax withheld on wages and employer and employee social security and Medicare taxes.
943—Employer’s Annual Federal Tax Return for Agricultural Employees	Report income tax withheld and employer and employee social security and Medicare taxes on farmworkers.
944—Employer’s ANNUAL Federal Tax Return	File annual Form 944 instead of filing quarterly Forms 941 if the IRS notified you in writing.
945—Annual Return of Withheld Federal Income Tax	Report income tax withheld from nonpayroll payments, including pensions, annuities, individual retirement accounts (IRAs), gambling winnings, and backup withholding.
1042and1042-S—Annual Withholding Tax Return for U.S. Source Income of Foreign Persons; and Foreign Person’s U.S. Source Income Subject to Withholding	Report tax withheld on payments or distributions made to nonresident alien individuals, foreign partnerships, or foreign corporations to the extent these payments or distributions constitute gross income from sources within the United States that isn’t effectively connected with a U.S. trade or business. A domestic partnership must also withhold tax on a foreign partner’s distributive share of such income, including amounts that aren’t actually distributed. Withholding on amounts not previously distributed to a foreign partner must generally be made and paid over by the earlier of: • The date on which Schedules K-1 and K-3 are sent to that partner, or • The 15th day of the 3rd month after the end of the partnership’s tax year. These forms are also used to report tax withheld on distributions of effectively connected taxable income (ECTI) made by publicly traded partnerships (PTPs) and certain transfers of interests in PTPs. For more details, see the instructions for Forms 1042 and 1042-S and Pub. 515, Withholding of Tax on Nonresident Aliens and Foreign Entities.
1042-T—Annual Summary and Transmittal of Forms 1042-S	Transmit paper Forms 1042-S to the IRS.
1065-X—Amended Return or Administrative Adjustment Request (AAR)	Use Form 1065-X to correct a previously filed partnership return or to make an AAR for a previously filed return.
1095-B and1094-B—Health Coverage; and Transmittal of Health Coverage Information Returns	Required to be filed by certain health insurance issuers and others who provide minimum essential coverage to report information on the primary insured and other individuals covered under the plan.
1095-C and1094-C—Employer-Provided Health Insurance Offer and Coverage; and Transmittal of Employer-Provided Health Insurance Offer and Coverage Information Returns	Used by certain employers to report information about the health care coverage the employer offered with regard to each full-time employee.
1096—Annual Summary and Transmittal of U.S. Information Returns	Transmit paper Forms 1097, 1098, 1099, 3921, 3922, 5498, and W-2G to the IRS.
1097-BTC—Bond Tax Credit	Report tax credits to bond holders and tax credits passed to another person.
1098—Mortgage Interest Statement	Report the receipt from any individual of $600 or more of mortgage interest (including certain points) in the course of the partnership’s trade or business.

30 Publication 541 (12-2025)

Form, Return, or Statement	Use this to—
1099-A, B, C, INT, K, LS, LTC, MISC, NEC, OID, R, S, and SA. Important. Every partnership must file Forms 1099-MISC or 1099-NEC if, in the course of its trade or business, it makes payments of rents, commissions, or other fixed or determinable income (see section 6041) totaling $600 or more to any one person during the calendar year.	Report the following. • Acquisitions or abandonments of secured property. • Proceeds from broker and barter exchange transactions. • Cancellation of debts. • Interest income. • Payment card and third-party network transactions. • Acquisition of a life insurance contract, or interest therein, in a reportable policy sale. • Payments of long-term care and accelerated death benefits. • Miscellaneous income. • Nonemployee compensation • Original issue discount. • Distributions from pensions, annuities, retirement or profit-sharing plans, IRAs, insurance contracts, etc. • Proceeds from real estate transactions. • Distributions from an HSA, Archer MSA, or Medicare Advantage MSA.
5471—Information Return of U.S. Persons With Respect to Certain Foreign Corporations	A partnership may have to file Form 5471 if it: • Controls a foreign corporation, • Acquires or owns 10% or more of the total combined voting power or value of shares of all classes of stock, or • Disposes of sufficient stock to reduce its interest to less than 10% of the total combined voting power or value of shares of all classes of stock.
5713—International Boycott Report	Report operations in, or related to, a boycotting country, company, or national of a country and to figure the loss of certain tax benefits. The partnership must give each partner a copy of the Form 5713 filed by the partnership if there has been participation in, or cooperation with, an international boycott.
8275—Disclosure Statement	Disclose items or positions, except those contrary to a regulation, that aren’t otherwise adequately disclosed on a tax return. The disclosure is made to avoid the parts of the accuracy-related penalty imposed for disregard of rules or substantial understatement of tax. Also use Form 8275 for disclosures relating to preparer penalties for understatements due to unrealistic positions or disregard of rules.
8275-R—Regulation Disclosure Statement	Disclose any item on a tax return for which a position has been taken that is contrary to Treasury regulations.
8288, 8288-A, and8288-C—U.S. Withholding Tax Return for Certain Dispositions by Foreign Persons; Statement of Withholding on Certain Dispositions by Foreign Persons; and Statement of Withholding Under Section 1446(f)(4) on Dispositions by Foreign Persons of Partnership Interests	Report and send withheld tax on the sale of U.S. real property or the transfer of certain partnership interests by a foreign person. See sections 1445 and 1446(f), and the related regulations, for additional information.
8300—Report of Cash Payments Over $10,000 Received in a Trade or Business	Report the receipt of more than $10,000 in cash or foreign currency in one transaction or a series of related transactions.
8308—Report of a Sale or Exchange of Certain Partnership Interests	Report the sale or exchange by a partner of all or part of a partnership interest where any money or other property received in exchange for the interest is attributable to unrealized receivables or inventory items.
8594—Asset Acquisition Statement Under Section 1060	Report a sale of assets if goodwill or going concern value attaches, or could attach, to such assets. Both the seller and buyer of a group of assets that makes up a trade or business must use this form.
8621—Information Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing Fund	Report an ownership interest in, make elections for, and compute inclusions with respect to passive foreign investment companies and qualified electing funds.
8697—Interest Computation Under the Look-Back Method for Completed Long-Term Contracts	Figure the interest due or to be refunded under the look-back method of section 460(b) (2) on certain long-term contracts that are accounted for under either the percentage of completion-capitalized cost method or the percentage of completion method. Partnerships that aren’t closely held use this form.
8804, 8805, and8813—Annual Return for Partnership Withholding Tax (Section 1446); Foreign Partner’s Information Statement of Section 1446 Withholding Tax; and Partnership Withholding Tax Payment Voucher (Section 1446)	Use Forms 8804 and 8805 to figure and report the withholding tax on foreign partners’ allocable shares of ECTI. Form 8804 must also be filed to report effectively connected gross income allocable to foreign partners even if the partnership has no ECTI on which to withhold. Use Form 8813 to send installment payments of withheld tax based on ECTI allocable to foreign partners. Exception: PTPs don’t file these forms. They must instead withhold tax on distributions to foreign partners and report and send payments using Forms 1042 and 1042-S. See Regulations section 1.1446-4 for more information.
8832—Entity Classification Election

Publication 541 (12-2025) 31

Form, Return, or Statement	Use this to—
8865—Return of U.S. Persons With Respect to Certain Foreign Partnerships	Report the information required under section 6038 (reporting with respect to controlled foreign partnerships), section 6038B (reporting of transfers to foreign partnerships), section 6046A (reporting of acquisitions, dispositions, and changes in foreign partnership interests), or section 721(c) (reporting related to the application of the gain deferral method). See Form 8865 and its instructions for more details.
8866—Interest Computation Under the Look-Back Method for Property Depreciated Under the Income Forecast Method	Figure the interest due or to be refunded under the look-back method of section 167(g) (2) for certain property placed in service after September 13, 1995, depreciated under the income forecast method. Partnerships that aren’t closely held use this form.
8876—Excise Tax on Structured Settlement Factoring Transactions	Report and pay the 40% excise tax imposed under section 5891.
8886—Reportable Transaction Disclosure Statement	Disclose information for each reportable transaction in which the partnership participated. Form 8886 must be filed for each tax year the partnership participated in the reportable transaction. The partnership may have to pay a penalty if it’s required to file Form 8886 and doesn’t do so. The following are reportable transactions. • Any listed transaction, that is a transaction that is the same as or substantially similar to one of the types of transactions that the IRS has determined to be a tax avoidance transaction and identified by notice, regulation, or other published guidance as a listed transaction. • Any transaction offered under conditions of confidentiality for which the partnership (or a related party) paid an adviser a fee of at least $50,000 ($250,000 for partnerships if all partners are corporations). • Certain transactions for which the partnership (or a related party) has contractual protection against disallowance of the tax benefits. • Certain transactions resulting in a loss of at least $2 million in any single year or $4 million in any combination of years. • Any transaction of interest, which is a transaction that is the same as, or substantially similar to, one of the types of transactions identified by the IRS by notice, regulation, or other published guidance. See Notice 2009-55, 2009-31 I.R.B. 170. See Regulations section 1.6011-4, the Instructions for Form 8886, for more information.
8918—Material Advisor Disclosure Statement	Material advisors to any reportable transaction must disclose certain information about the reportable transaction by filing a Form 8918 with the IRS. See Form 8918 and its instructions for more details.
8925—Report of Employer-Owned Life Insurance Contracts	Report the number of employees covered by employer-owned life insurance contracts issued after August 17, 2006, and the total amount of employer-owned life insurance in force on those employees at the end of the tax year.
8990—Limitation on Business Interest Expense Under Section 163(j)	Business interest expense may be limited. See section 163(j) and Form 8990 and its instructions. Also see Schedule B, questions 23 and 24, and the related instructions.
8994—Employer Credit for Paid Family and Medical Leave	Report if the partnership has a credit for paid family and medical leave. See the Instructions for Form 8994 for more information.
8996—Qualified Opportunity Fund	Certify that the requirements to be a QOF investing in qualified opportunity zone property, as defined in section 1400Z-2, have been fulfilled. Entities attaching Form 8996 must also complete Form 1065, Schedule B, question 25. For more information, see the Instructions for Form 8996.

32 Publication 541 (12-2025)

To help us develop a more useful index, please let us know if you have ideas for index entries. Index See “Comments and Suggestions” in the “Introduction” for the ways you can reach us.

Basis 13 Basis adjustments 13 Book value 14 Gift 3, 13 Liquidation of 8, 19 Mandatory basis adjustment 9 Performance of services 3 Sale, exchange, transfer 16 Special basis adjustment 9 Transactions with partnership 10 Partnership :

Abandoned or worthless interest 16 Agreement 4 Basis, contributed property 12 Defined 2 Exclusion from rules 5 Forming 2 Liabilities 14 Terminating 5 Transactions with partner 10 Precontribution gain 7 Profits interest 13 Publications ( See Tax help)

A Allocations :

Built-in gain or loss 12 Installment sale 16 Assistance ( See Tax help)

B Bipartisan Budget Act of 2015

(BBA) 21 Built-in gain or loss 12

8865 12 Forms :

That may be required 30

G Guaranteed payments 10

H How to sign documents on behalf

of the partnership 22

I Insurance, self-employed health 10 Inventory items, substantially

appreciated 6

C Capital interest 13 Contribution :

Basis of property 12 Built-in gain or loss 12 Distribution of property 12 Net precontribution gain 7 Property 11 Services 13

L Liability :

Assumption of 15 Partner’s assumed by

D Definition, partnership 2 Determining ownership 11 Distributions :

partnership 14 Partnership’s 14 Limited liability company 3 Liquidation :

Constructive 15 Partner’s interest 8 Partner’s retirement or death 19 Losses :

Section 1061 Worksheets and

S Section 1061 3, 19

Tables 27 Self-employed health insurance 10 Short period return 5 Substantially appreciated inventory

Gain or loss 6 Partner’s debt 7 Partnership 6 Distributive share :

Sales or exchanges 11

Adjusted basis 13 Guaranteed payments 10

M Marketable securities 7

items 6

E Electronic filing 5

F Form :

8275 12 8308 17 8832 3

P Partner’s :

Basis:

Distributed property 8 Partnership interest 13 Interest:

Alternative rule, adjusted

T Tax help 22 Tax withholding, foreign partner of

firm 1 Terminating a partnership 5

U Unrealized receivables 17

basis 14

Publication 541 (12-2025) 33