Schedule M (Form 8858) – Fillable PDF

Schedule M (Form 8858) is the IRS attachment used to report transactions between a foreign disregarded entity (FDE) or foreign branch (FB) and the U.S. taxpayer who files Form 8858. Whether you’re reporting sales, purchases, loans, or capital contributions, Schedule M captures the details needed for proper tax compliance.

What Is Schedule M (Form 8858)?

Schedule M provides three distinct sets of column headings to cover different transaction types and entities. It requires you to report amounts in the functional currency of the foreign entity and then convert them to U.S. dollars using the appropriate exchange rate.

How to Complete Schedule M Online

Instead of downloading a static PDF and editing it in a separate program, simply click the "Fill out this form" button on this page. The Formize PDF Filler will load the fillable version of Schedule M, letting you enter data directly in your browser.

• Step 1: Click the button and wait for the Formize PDF Filler to open.
• Step 2: Select the appropriate entity type (FDE or FB) and the column that matches the transaction partner.
• Step 3: Enter the transaction amount in the foreign currency, then input the exchange rate.
• Step 4: Review the automatically calculated U.S. dollar total.
• Step 5: Save the completed form and attach it to your Form 8858 filing.

Common Mistakes & Tips

Avoid these pitfalls to ensure a smooth filing:

• Do not mix up the columns for "Related persons" and "Unrelated persons." Each column has a specific definition in the instructions.
• Always use the exchange rate that applies to the transaction date, not an average rate, unless the instructions specifically allow it.
• Complete a separate Schedule M for each FDE or FB you own. Consolidating multiple entities on one schedule will cause a rejection.
• Double‑check that the functional currency is correctly identified; an incorrect currency can lead to mis‑reported amounts.

Download the Fillable PDF

When you’re ready to keep a copy for your records, you can download the official IRS fillable PDF directly from the link below.