Rev. 2023
Schedule P (Form 1040-NR) is a form used by foreign partners to report their interests in certain partnerships transferred during a tax year. The form includes various sections for calculating gains or losses on transfer of partnership interests, and acknowledges the effect of section 751 property and non-section 751 property. Additionally, it includes lines for reporting effectively connected ordinary gain (loss) and capital gain (loss), as well as unrecaptured section 1250 gain and look-through capital gains. The form also has a section to report recognized residual long-term capital gain (loss).
Form 1040-NR Schedule P is one of Tax forms that are documents used to report information related to taxes to the relevant tax authority. There are various types of tax forms, including federal, state, and local tax forms, which can vary depending on the taxpayer's circumstances and location.
The easiest way to fill Form 1040-NR Schedule P online
Delete filling session
Delete editing session
