Instructions for IRS Form 8288 U.S. Withholding Tax Return for Certain Dispositions by Foreign Persons

IRS Form 8288 U.S. Withholding Tax Return for Dispositions by Foreign Persons of U.S. Real Property Interests

This document contains official instructions for IRS Form 8288 , U.S. Withholding Tax Return for Certain Dispositions by Foreign Persons - 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 8288 is available for download through this link.

FAQ

Q: What is IRS Form 8288?
A: IRS Form 8288 is the U.S. Withholding Tax Return for Certain Dispositions by Foreign Persons.

Q: Who needs to file IRS Form 8288?
A: Foreign persons who have disposed of a U.S. real property interest and are subject to withholding tax under the Internal Revenue Code.

Q: What is the purpose of IRS Form 8288?
A: The purpose of IRS Form 8288 is to report and remit withholding tax on the disposition of a U.S. real property interest by a foreign person.

Q: How do I fill out IRS Form 8288?
A: You will need to provide information about the foreign person making the disposition, the buyer or transferee of the property, and details about the property itself.

Q: What is the due date for filing IRS Form 8288?
A: IRS Form 8288 must be filed and the withholding tax must be remitted within 20 days after the date of the disposition.