Instructions for IRS Form 8804-W "Installment Payments of Section 1446 Tax for Partnerships"

This document contains official instructions for IRS Form 8804-W, Installment Payments of Section 1446 Tax for Partnerships - a tax form released and collected by the Internal Revenue Service (IRS), a subdivision of the U.S. Department of the Treasury. An up-to-date fillable IRS Form 8804-W is available for download through this link.

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Download Instructions for IRS Form 8804-W "Installment Payments of Section 1446 Tax for Partnerships"

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2019
Department of the Treasury
Internal Revenue Service
Instructions for Form 8804-W
(WORKSHEET)
Installment Payments of Section 1446 Tax for Partnerships
must file Form 8813. Furthermore, the
A partner may be entitled to use a
Section references are to the Internal Revenue
Code unless otherwise noted.
partnership is generally required to notify
preferential rate on the following types of
each foreign partner of the section 1446
income or gain.
Future Developments
tax paid on the partner's behalf within 10
1. Line 1i—See section 1(h)(4) and
days of the installment payment due date,
For the latest information about
the instructions for line 18, Schedule D
or, if paid later, the date the installment
developments related to Form 8804-W
(Form 1040), for more information
and its instructions, such as legislation
payment is made. See Regulations
regarding 28% rate gain.
section 1.1446-3(d)(1)(i) for information
enacted after they were published, go to
2. Line 1m—See section 1(h)(6) and
that must be included in the notification
IRS.gov/Form8804W.
the instructions for line 19, Schedule D
and for exceptions to the notification
(Form 1040), for more information
General Instructions
requirement.
regarding unrecaptured section 1250 gain.
Refiguring Estimated
3. Line 1q—Adjusted net capital gain
Purpose of Form
is net capital gain, as defined in section
Section 1446 Tax
Partnerships that have effectively
1222(11), reduced (but not below zero) by
If, after the partnership figures and makes
connected taxable income (ECTI)
the sum of (a) unrecaptured section 1250
an installment payment of estimated
allocable to foreign partners can use the
gain and (b) 28% rate gain, plus qualified
section 1446 tax, it finds that its section
Form 8804-W (WORKSHEET) to
dividend income. See section 1(h)(3).
1446 tax liability for the year will be more
determine the proper estimated section
If the partnership has net ordinary loss,
or less than originally estimated, it may
1446 tax payments.
net short-term capital loss, or net 28% rate
have to refigure its required installments. If
loss, each net loss should be netted
Who Must Make Estimated
earlier installments were underpaid, the
against the appropriate categories of
partnership may owe a penalty for
Section 1446 Tax
income and gain to determine the
underpayment of estimated tax. An
Payments
amounts of income and gain to be entered
immediate catch-up payment should be
on lines 1a, 1e, 1i, 1m, and 1q,
made to reduce the amount of any penalty
Partnerships generally must make
respectively. Don’t enter a negative
resulting from the underpayment of any
installment payments of estimated section
number on line 1a, 1e, 1i, 1m, or 1q. See
earlier installments, whether caused by a
1446 tax if the aggregate tax on the ECTI
section 1(h) and Notice 97-59, 1997-45
change in estimate, failure to make a
that is allocable to all foreign partners will
I.R.B. 7, for rules for netting gains and
payment, or a mistake.
be $500 or more.
losses.
Specific Instructions
When To Make Estimated
Lines 1b, 1f, 1j, 1n, and 1r. Enter the
reduction amounts for state and local
Section 1446 Tax
taxes under Regulations section
Part I—Determination of
Payments
1.1446-6(c)(1)(iii). See Reductions for
Installment Payments
State and Local Taxes in the Instructions
The installments are due by the 15th day
for Forms 8804, 8805, and 8813 for
of the 4th, 6th, 9th, and 12th months of the
Complete Form 8804-W for each
additional information. The netting rules
partnership's tax year. If any date falls on
installment payment of section 1446 tax
under section 1(h) and Notice 97-59 must
a Saturday, Sunday, or legal holiday, the
based on the information available at the
be considered in determining the category
installment is due on the next regular
time of the installment payment.
of income the reduction amounts offset.
business day.
Lines 1 Through 6—Current
Lines 1c, 1g, 1k, 1o, and 1s. Enter the
Underpayment of
Year Safe Harbor
reduction amounts resulting from certified
Estimated Section 1446
partner-level items received from foreign
Lines 1a, 1e, 1i, 1m, and 1q. To
partners using Form 8804-C. See
Tax
determine the allocable share of ECTI for
Certification of Deductions and Losses in
all foreign partners, see Effectively
A partnership that doesn’t make estimated
the Instructions for Forms 8804, 8805, and
Connected Taxable Income in the
section 1446 tax payments when due may
8813 for additional information. The
Instructions for Forms 8804, 8805, and
be subject to an underpayment penalty for
netting rules under section 1(h) and Notice
8813. Enter on lines 1i, 1m, and 1q the
the period of underpayment. See
97-59 must be considered in determining
specified types of ECTI allocable to those
Schedule A (Form 8804) for details.
the category of income the reduction
partners who would be entitled to use a
amounts offset.
preferential rate on such income or gain
How To Make Estimated
(see Regulations section 1.1446-3(a)(2)).
Line 8—Prior Year Safe Harbor
Section 1446 Tax
For tiered partnerships, see Regulations
Enter the total section 1446 tax that would
Payments
section 1.1446-5.
have been due for 2018, applying the
A partnership that is required to make an
2018 rates (see the 2018 Form 8804-W
installment payment of section 1446 tax
for the 2018 rates), on ECTI allocable to all
Nov 19, 2018
Cat. No. 51675X
2019
Department of the Treasury
Internal Revenue Service
Instructions for Form 8804-W
(WORKSHEET)
Installment Payments of Section 1446 Tax for Partnerships
must file Form 8813. Furthermore, the
A partner may be entitled to use a
Section references are to the Internal Revenue
Code unless otherwise noted.
partnership is generally required to notify
preferential rate on the following types of
each foreign partner of the section 1446
income or gain.
Future Developments
tax paid on the partner's behalf within 10
1. Line 1i—See section 1(h)(4) and
days of the installment payment due date,
For the latest information about
the instructions for line 18, Schedule D
or, if paid later, the date the installment
developments related to Form 8804-W
(Form 1040), for more information
and its instructions, such as legislation
payment is made. See Regulations
regarding 28% rate gain.
section 1.1446-3(d)(1)(i) for information
enacted after they were published, go to
2. Line 1m—See section 1(h)(6) and
that must be included in the notification
IRS.gov/Form8804W.
the instructions for line 19, Schedule D
and for exceptions to the notification
(Form 1040), for more information
General Instructions
requirement.
regarding unrecaptured section 1250 gain.
Refiguring Estimated
3. Line 1q—Adjusted net capital gain
Purpose of Form
is net capital gain, as defined in section
Section 1446 Tax
Partnerships that have effectively
1222(11), reduced (but not below zero) by
If, after the partnership figures and makes
connected taxable income (ECTI)
the sum of (a) unrecaptured section 1250
an installment payment of estimated
allocable to foreign partners can use the
gain and (b) 28% rate gain, plus qualified
section 1446 tax, it finds that its section
Form 8804-W (WORKSHEET) to
dividend income. See section 1(h)(3).
1446 tax liability for the year will be more
determine the proper estimated section
If the partnership has net ordinary loss,
or less than originally estimated, it may
1446 tax payments.
net short-term capital loss, or net 28% rate
have to refigure its required installments. If
loss, each net loss should be netted
Who Must Make Estimated
earlier installments were underpaid, the
against the appropriate categories of
partnership may owe a penalty for
Section 1446 Tax
income and gain to determine the
underpayment of estimated tax. An
Payments
amounts of income and gain to be entered
immediate catch-up payment should be
on lines 1a, 1e, 1i, 1m, and 1q,
made to reduce the amount of any penalty
Partnerships generally must make
respectively. Don’t enter a negative
resulting from the underpayment of any
installment payments of estimated section
number on line 1a, 1e, 1i, 1m, or 1q. See
earlier installments, whether caused by a
1446 tax if the aggregate tax on the ECTI
section 1(h) and Notice 97-59, 1997-45
change in estimate, failure to make a
that is allocable to all foreign partners will
I.R.B. 7, for rules for netting gains and
payment, or a mistake.
be $500 or more.
losses.
Specific Instructions
When To Make Estimated
Lines 1b, 1f, 1j, 1n, and 1r. Enter the
reduction amounts for state and local
Section 1446 Tax
taxes under Regulations section
Part I—Determination of
Payments
1.1446-6(c)(1)(iii). See Reductions for
Installment Payments
State and Local Taxes in the Instructions
The installments are due by the 15th day
for Forms 8804, 8805, and 8813 for
of the 4th, 6th, 9th, and 12th months of the
Complete Form 8804-W for each
additional information. The netting rules
partnership's tax year. If any date falls on
installment payment of section 1446 tax
under section 1(h) and Notice 97-59 must
a Saturday, Sunday, or legal holiday, the
based on the information available at the
be considered in determining the category
installment is due on the next regular
time of the installment payment.
of income the reduction amounts offset.
business day.
Lines 1 Through 6—Current
Lines 1c, 1g, 1k, 1o, and 1s. Enter the
Underpayment of
Year Safe Harbor
reduction amounts resulting from certified
Estimated Section 1446
partner-level items received from foreign
Lines 1a, 1e, 1i, 1m, and 1q. To
partners using Form 8804-C. See
Tax
determine the allocable share of ECTI for
Certification of Deductions and Losses in
all foreign partners, see Effectively
A partnership that doesn’t make estimated
the Instructions for Forms 8804, 8805, and
Connected Taxable Income in the
section 1446 tax payments when due may
8813 for additional information. The
Instructions for Forms 8804, 8805, and
be subject to an underpayment penalty for
netting rules under section 1(h) and Notice
8813. Enter on lines 1i, 1m, and 1q the
the period of underpayment. See
97-59 must be considered in determining
specified types of ECTI allocable to those
Schedule A (Form 8804) for details.
the category of income the reduction
partners who would be entitled to use a
amounts offset.
preferential rate on such income or gain
How To Make Estimated
(see Regulations section 1.1446-3(a)(2)).
Line 8—Prior Year Safe Harbor
Section 1446 Tax
For tiered partnerships, see Regulations
Enter the total section 1446 tax that would
Payments
section 1.1446-5.
have been due for 2018, applying the
A partnership that is required to make an
2018 rates (see the 2018 Form 8804-W
installment payment of section 1446 tax
for the 2018 rates), on ECTI allocable to all
Nov 19, 2018
Cat. No. 51675X
foreign partners for 2018, without any
continue using it), in order to avoid an
the current year safe harbor (increased by
reductions for state and local taxes under
underpayment penalty on the current
any recapture of a reduction in a required
Regulations section 1.1446-6(c)(1)(iii) or
installment payment, the partnership must
installment under section 6655(e)(1)(B)).
certified partner-level items. For the
pay the sum of (a) the current installment
Line 12
partnership's first installment payment, if
payment based on the current year safe
Include on line 12 any 2018 overpayment
the 2018 Form 8804 hasn’t yet been filed,
harbor, plus (b) the sum of the amount by
that the partnership chose to credit
an estimate is acceptable. However, if the
which the current year safe harbor
against its 2019 tax. The overpayment is
partnership later determines that this
exceeds the prior year safe harbor amount
credited against unpaid required
estimate is incorrect, see
Refiguring
paid in for each prior installment period
installments in the order in which the
Estimated Section 1446
Tax, earlier.
during which it qualified for the prior year
installments are required to be paid.
safe harbor.
Complete line 8 only if all of the
Line 9
following apply.
Also include on line 12 the following.
You can enter the smaller of line 7 or
The prior tax year consisted of 12
Section 1446 tax withheld and paid by
line 8. However, if, for any installment
months.
another partnership because the
payment, line 7 is smaller than line 8 and
The partnership timely files (including
partnership preparing this Form 8804-W
you enter that smaller line 7 amount on
extensions) a U.S. return of partnership
was a partner in that partnership during
line 9, you won’t qualify for the prior year
income (for example, Form 1065) for the
the tax year. See the instructions for Form
safe harbor when determining any penalty
prior year.
8804, line 6b, in the Instructions for Forms
due on Schedule A (Form 8804) (see the
The amount of ECTI for the prior tax
8804, 8805, and 8813.
line 8
instructions, earlier). Therefore, in
year is not less than 50% of the ECTI
Section 1445(a) or 1445(e)(1) tax
that case, for any subsequent installment
expected for the current tax year.
withheld from or paid by the partnership
payment during the tax year, don’t use the
Furthermore, the Form 8804 on which the
filing this Form 8804-W during the tax year
line 8 amount.
current year ECTI will be reported must be
for a disposition of a U.S. real property
timely filed.
interest. See the instructions for Form
Line 10—Installment Due Dates
8804, line 6c, in the Instructions for Forms
If any of the above does not apply, skip
Calendar-year taxpayers. Enter
8804, 8805, and 8813.
line 8 and enter the amount from line 7 on
4-15-2019, 6-17-2019, 9-16-2019, and
line 9.
The partnership generally enters these
12-16-2019, respectively, in columns (a)
amounts in the column that corresponds
If the partnership qualifies to use the
through (d).
to the installment period for which these
prior year safe harbor and chooses that
Fiscal-year taxpayers. Enter the 15th
amounts were paid or withheld. However,
method, it must use that method to pay
day of the 4th, 6th, 9th, and 12th months
if the partnership learns about the
each of its installments during the tax year.
of the partnership's tax year in columns (a)
payments or withholding in a subsequent
Furthermore, for each installment
through (d). If the regular due date falls on
installment period, the partnership can
payment, the average of that installment
a Saturday, Sunday, or legal holiday, enter
claim them in that period.
and prior installments during the tax year
the next business day.
must be at least 25% of the amount that
Parts II Through IV
Line 11
satisfies the partnership's section 1446 tax
liability under the prior year safe harbor. If
If only the adjusted seasonal installment
Enter 25% (0.25) of line 9 in columns (a)
the partnership doesn’t satisfy both of
method (Part II) is used, complete Parts II
through (d). If the partnership uses the
these requirements, it won’t qualify for the
and IV. If only the annualized income
annualized income installment method or
prior year safe harbor when determining
installment method (Part III) is used,
the adjusted seasonal installment method,
any penalty due on Schedule A (Form
complete Parts III and IV. If both methods
then enter the amount from line 43.
8804).
are used, complete all three Parts. Enter in
Annualized income installment method
each column on line 11 the amounts from
If the partnership begins using the prior
and/or adjusted seasonal installment
the corresponding column of line 43.
year safe harbor method and it determines
method. If the partnership's ECTI is
later in the tax year (based upon the
Don’t figure any required
expected to vary during the year because,
standard option annualization method
installment until after the end of
!
for example, it operates its business on a
described later in these instructions) that it
the month preceding the due date
seasonal basis, it may be able to lower the
CAUTION
won’t meet the 50% of ECTI requirement
for that installment.
amount of one or more required
described in the last bulleted item above,
installments by using the annualized
Extraordinary items. Generally, under
it can make all subsequent installment
income installment method and/or the
the annualized income installment
payments using the standard option
adjusted seasonal installment method. For
method, extraordinary items must be
annualization method and it won’t be
example, a ski shop, which receives most
taken into account after annualizing the
subject to the penalty determined on
of its income during the winter months,
ECTI for the annualization period. Similar
Schedule A (Form 8804). This change in
may be able to benefit from using one or
rules apply in determining ECTI under the
method must be disclosed in a statement
both of these methods in figuring one or
adjusted seasonal installment method. An
attached to the Form 8804 the partnership
more of its required installments.
extraordinary item includes:
files for the current tax year and the
To use one or both of these methods,
statement must include enough
Any item identified in Regulations
complete Part II and/or Part III of the form.
information to allow the IRS to determine
section 1.1502-76(b)(2)(ii)(C)(1), (2), (3),
If those Parts are used for any payment
whether the change was appropriate.
(4), (7), and (8);
date, those Parts must be used for all
A section 481(a) adjustment; and
If the partnership begins using the prior
subsequent payment due dates. To arrive
Net gain or loss from the disposition of
year safe harbor method and switches to
at the amount of each required
25% or more of the fair market value of the
the current year safe harbor (because the
installment, Part IV automatically selects
partnership's business assets during the
partnership doesn’t qualify for the relief
the smallest of (a) the annualized income
tax year.
described in the previous paragraph (that
installment (if applicable), (b) the adjusted
is, using the standard option annualization
These extraordinary items must be
seasonal installment (if applicable), or (c)
method) or the partnership chooses not to
accounted for in the appropriate
Instructions for Form 8804-W (2019)
-2-
annualization period. However, a section
Example. An amusement park with a
8842, Election To Use Different
481(a) adjustment (unless the partnership
calendar year as its tax year receives the
Annualization Periods for Corporate
makes the alternative choice under
largest part of its ECTI during a 6-month
Estimated Tax, on or before the due date
Regulations section 1.6655-2(f)(3)(ii)(C))
period, May through October. To figure its
of the first required installment payment.
is treated as an extraordinary item
base period percentage for this 6-month
Once made, the election is irrevocable for
occurring on the first day of the tax year in
period, the amusement park figures its
the particular tax year.
which the item is taken into account in
ECTI for each May–October period in
determining ECTI.
2016, 2017, and 2018. It then divides the
1st
2nd
3rd
4th
ECTI for each May–October period by the
For more information regarding
Install-
Install-
Install-
Install-
total ECTI for that particular tax year. The
extraordinary items, see Regulations
ment
ment
ment
ment
resulting percentages are 69% (0.69) for
section 1.6655-2(f)(3)(ii) and the
Standard
May–October 2016, 74% (0.74) for May–
examples in Regulations section
Option
3
3
6
9
October 2017, and 67% (0.67) for May–
1.6655-2(f)(3)(vii). Also see Regulations
Option 1
2
4
7
10
October 2018. Because the average of
section 1.6655-3(d)(3).
Option 2
3
5
8
11
69% (0.69), 74% (0.74), and 67% (0.67) is
De minimis rule. Extraordinary items
70% (0.70), the base period percentage
identified above resulting from a particular
for May through October 2019 is 70%
transaction that total less than $1 million
(0.70). Therefore, the amusement park
Line 31—ECTI Allocable to All
(other than a section 481(a) adjustment)
qualifies for the adjusted seasonal
can be annualized using the general rules
installment method.
Foreign Partners
of Regulations section 1.6655-2(f), or, if
Line 15
Enter on lines 31a through 31e the ECTI
the partnership chooses, can be taken into
allocable to all foreign partners for the
account after annualizing the ECTI for the
If the partnership has certain extraordinary
months entered for each annualization
annualization period.
items, special rules apply. Don’t include
period in columns (a) through (d) on
on line 15 the de minimis extraordinary
Part II—Adjusted Seasonal
line 30. To determine the allocable share
items that the partnership chooses to
of ECTI for all foreign partners, see
Installment Method
include on line 22b. See
Extraordinary
Effectively Connected Taxable Income in
items, earlier.
Note. Part II doesn’t reflect the lower
the Instructions for Forms 8804, 8805, and
Line 22b
8813.
preferential rates permitted under
Regulations section 1.1446-3(a)(2). These
If the partnership has certain extraordinary
If the partnership has certain
were omitted because, for most taxpayers,
items of $1 million or more from a
extraordinary items, special rules apply.
the income reported in Part II will be
transaction, or a section 481(a)
Don’t include on line 31a, 31b, 31c, 31d,
predominantly (or exclusively) ordinary
adjustment, special rules apply. Include
or 31e the de minimis extraordinary items
income. If the partnership wishes to
these amounts on line 22b for the
that the partnership chooses to include on
consider lower preferential rates for Part II
appropriate period. Also, include on
line 33a, 33e, 33i, 33m, or 33q,
(and if the requirements outlined in the
line 22b the de minimis extraordinary
respectively. See
Extraordinary
items,
Note in the line 31 instructions are met), it
items that the partnership chooses to
earlier.
should prepare a statement which
exclude from line 15. See
Extraordinary
Note. Enter on lines 31c through 31e the
appropriately expands lines 15 and 22
items, earlier.
specified types of ECTI (a) allocable to
through 25 to show the applicable special
Line 23
those partners who would be entitled to
types of income or gain and the applicable
use a preferential rate on such income or
percentages (see, for example, lines 33
Enter the reduction to the line 22c amount
gain (see Regulations section 1.1446-3(a)
and 34 of this Form 8804-W). Also, Part II
for state and local taxes under
(2)), and (b) for whom the partnership has
lines 15 and 22 through 25 don’t provide
Regulations section 1.1446-6(c)(1)(iii) and
sufficient documentation to meet the
the separate entries for corporate and
for certified foreign partner-level items
requirements of Regulations section
non-corporate partners necessary to apply
submitted under Regulations section
1.1446-3(a)(2)(ii).
the rates on line 25a and b. A partnership
1.1446-6. See Certification of Deductions
with corporate and non-corporate partners
A partner may be entitled to use a
and Losses in the Instructions for Forms
completing Part II should prepare a
preferential rate on the following types of
8804, 8805, and 8813 for additional
statement which appropriately expands
income or gain.
information.
lines 15 and 22 through 25 to show the
1. Line 31c—See section 1(h)(4) and
Part III—Annualized
amounts allocable to both types of
the instructions for line 18, Schedule D
partners.
Income Installment
(Form 1040), for more information
regarding 28% rate gain.
Complete this part only if the
Method
partnership's base period percentage for
2. Line 31d—See section 1(h)(6) and
any 6 consecutive months of the tax year
Line 30—Annualization Periods
the instructions for line 19, Schedule D
equals or exceeds 70%. Figure the base
(Form 1040), for more information
Enter in the space on line 30, columns (a)
period percentage using the 6-month
regarding unrecaptured section 1250 gain.
through (d), respectively, the annualization
period in which the partnership normally
3. Line 31e—Adjusted net capital gain
periods that the partnership is using,
receives the largest part of its ECTI. The
is net capital gain, as defined in section
based on the options listed below. For
base period percentage for any period of 6
1222(11), reduced (but not below zero) by
example, if the partnership elects Option
consecutive months is the average of the
the sum of (a) unrecaptured section 1250
1, enter on line 30 the annualization
three percentages figured by dividing the
gain and (b) 28% rate gain, plus qualified
periods 2, 4, 7, and 10, in columns (a)
ECTI for the corresponding
dividend income. See section 1(h)(3).
through (d), respectively.
6-consecutive-month period in each of the
3 preceding tax years by the ECTI for
If the partnership has net ordinary loss,
Use Option 1 or Option 2 only if
each of their respective tax years.
the partnership elected to use one
net short-term capital loss, or net 28% rate
!
loss, each net loss should be netted
of these options by filing Form
CAUTION
against the appropriate categories of
Instructions for Form 8804-W (2019)
-3-
income and gain to determine the
income against which the item applies, for
under section 1(h) and Notice 97-59 must
amounts of income and gain to be entered
the appropriate period. Also include on
be considered in determining the category
on lines 31a through 31e, respectively.
line 33a, 33e, 33i, 33m, or 33q the de
of income the reduction amounts offset.
Don’t enter a negative number on lines
minimis extraordinary items that the
Lines 33c, 33g, 33k, 33o, and
31a through 31e. See section 1(h) and
partnership chooses to exclude from
33s
Notice 97-59, 1997-45 I.R.B. 7, for rules
line 31a, 31b, 31c, 31d, or 31e,
for netting gains and losses.
respectively. See
Extraordinary
items,
Enter the reduction amounts resulting from
earlier.
certified partner-level items received from
Line 32—Annualization
foreign partners using Form 8804-C. See
Enter on lines 33i, 33m, and 33q the
Amounts
Certification of Deductions and Losses in
specified types of ECTI if the partner
Enter the annualization amounts for the
the Instructions for Forms 8804, 8805, and
would be entitled to use a preferential rate
option used on line 30. For example, if the
8813 for additional information. The
on the income or gain (see Regulations
partnership elects Option 1, enter on
netting rules under section 1(h) and Notice
section 1.1446-3(a)(2)).
line 32 the annualization amounts 6, 3,
97-59 must be considered in determining
1. Line 33i—See section 1(h)(4) and
1.71429, and 1.2, in columns (a) through
the category of income the reduction
the instructions for line 18, Schedule D
(d), respectively.
amounts offset.
(Form 1040), for more information
regarding 28% rate gain.
Part IV—Required
1st
2nd
3rd
4th
2. Line 33m—See section 1(h)(6) and
Installments Under Part II
Install-
Install-
Install-
Install-
the instructions for line 19, Schedule D
ment
ment
ment
ment
and/or Part III
(Form 1040), for more information
Standard
regarding unrecaptured section 1250 gain.
Option
4
4
2
1.33333
Line 38
3. Line 33q—Adjusted net capital gain
Option 1
6
3
1.71429
1.2
Before completing line 38 in columns (b)
is net capital gain, as defined in section
Option 2
4
2.4
1.5
1.09091
through (d), complete lines 39 through 43
1222(11), reduced (but not below zero) by
in each of the preceding columns. For
the sum of (a) unrecaptured section 1250
example, complete lines 39 through 43 in
gain and (b) 28% rate gain, plus qualified
column (a) before completing line 38 in
dividend income. See section 1(h)(3).
Lines 33a, 33e, 33i, 33m, and
column (b).
33q
Lines 33b, 33f, 33j, 33n, and 33r
Line 43—Required Installments
If the partnership has certain extraordinary
Enter the reduction amounts for state and
For each installment, enter the smaller of
items that total $1 million or more from a
local taxes under Regulations section
line 39 or line 42 on line 43. Also enter the
particular transaction, or a section 481(a)
1.1446-6(c)(1)(iii). See Reductions for
result on line 11.
adjustment, special rules apply. Include
State and Local Taxes in the Instructions
these amounts on line 33a, 33e, 33i, 33m,
for Forms 8804, 8805, and 8813 for
or 33q, depending upon the type of
additional information. The netting rules
Paperwork Reduction Act Notice. Your use of this form is optional. It is provided to aid the partnership in determining its tax liability.
You aren’t required to provide the information requested on a form that is subject to the Paperwork Reduction Act unless the form
displays a valid OMB control number. Books or records relating to a form or its instructions must be retained as long as their contents
may become material in the administration of any Internal Revenue law. Generally, tax returns and return information are confidential,
as required by section 6103.
The time needed to complete and file this form will vary depending on individual circumstances. The estimated burden for business
taxpayers filing this form is approved under OMB control number 1545-0123.
If you have comments concerning the accuracy of these time estimates or suggestions for making this form simpler, we’d be happy
to hear from you. You can send us comments from IRS.gov/FormComments. Or you can write to the Internal Revenue Service, Tax
Forms and Publications, 1111 Constitution Ave. NW, IR-6526, Washington, DC 20224. Don’t send the tax form to this office. Instead,
keep the form for your records.
Instructions for Form 8804-W (2019)
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