Form 8865 - Return of U.S. Persons With Respect to Certain Foreign Partnerships

Form 8865, "Return of U.S. Persons With Respect to Certain Foreign Partnerships," is used by U.S. persons who are involved in certain foreign partnerships to report their share of income, deductions, credits, etc., from those partnerships. The purpose of this form is to ensure that the Internal Revenue Service (IRS) has information about the financial activities of U.S. individuals or entities participating in foreign partnerships, as these activities may have tax implications for the U.S. taxpayers involved.