I only own the foreign partnership interest constructively through another U.S. person. Can I skip the full Form 8865 if that person files it?
I am treated as an indirect owner of a foreign partnership through a U.S. company in which I own shares, but I do not hold the partnership interest directly. The direct U.S. owner plans to file Form 8865. I have been told there may be a constructive ownership filing exception for some Category 1 or 2 situations.
My concern is whether 'exception' really means I do nothing, or whether I still have to attach a statement to my own return identifying the constructive ownership path. If the statement has a required title and specific content, I want to get that right instead of relying on a vague footnote.
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