IRS Form 8858 Foreign Disregarded Entity: Filing Requirements & Reporting Instructions
If you own a foreign disregarded entity (FDE) or operate a foreign branch (FB), the IRS wants a full picture of it. And IRS Form 8858 is how you give it to them. It’s an annual information return that reports your ownership and the entity’s financial activity, and it rides along with your regular income tax return. Miss it, and the penalties start at $10,000 per entity, per year. This guide walks through who has to file, when it’s due, ...
