-
Templates
Tax FormsFillable tax forms simplify and speed up your tax filing process and aid with recordkeeping.Explore all templatesReal EstateReal estate templates for all cases, from sale to rentals, save you a lot of time and effort.Explore all templatesInsuranceInsurance templates make it easier for agents to manage policies and claims.Explore all templatesLegalLegal templates provide a structured foundation for creating legally binding documents.Explore all templatesMedicalMedical forms help you keep patient documentation organized and secure.Explore all templatesBill of SaleBill of Sale templates streamline the transfer of ownership with clarity and protection.Explore all templatesContractsVarious contract templates ensure efficient and clear legal transactions.Explore all templatesEducationEducational forms and templates enhance the learning experience and student management.Explore all templates
-
Features
FeaturesThe all-in-one document management system has all the features you need to safely and efficiently handle your PDFs. Dive in, learn how to use all the tools, and become a PDF pro.Explore all featuresShare PDF Check out the featureWith the help of PDFliner you can share your PDF files by email or via the link as soon as you have edited, filled, or signed them online.Sign PDF Check out the featurePDFLiner gives the opportunity to sign documents online, save them, send at once by email or print. Register now, upload your document and e-sign it onlineFill Out PDF Check out the featurePDFLiner provides different tools for filling in PDF forms. All you need is to register, upload the necessary document and start filling it out.Draw on a PDF Check out the featureDraw lines, circles, and other drawings on PDF using tools of PDFLiner online. Streamline your document editing process, speeding up your productivity
- Solutions
- Features
- Blog
- Support
- Pricing
- Log in
- Sign Up
Form 8978
Get your Form 8978 in 3 easy steps
-
01 Fill and edit template
-
02 Sign it online
-
03 Export or print immediately
What Is Form 8978?
Form 8978 is a tax form used by foreign financial institutions (FFIs) to report information about their US account holders to the Internal Revenue Service (IRS). The form was introduced as part of the Foreign Account Tax Compliance Act (FATCA), which was enacted in 2010 to combat offshore tax evasion by US taxpayers.
The purpose of Form 8978 is to help the IRS identify US taxpayers who hold assets in foreign financial accounts and ensure that they are reporting their income and paying the appropriate amount of tax. The form requires FFIs to provide detailed information about their US account holders, including their names, addresses, tax identification numbers, and account balances.
How To Fill Out Form 8978 Online
You can file IRS tax form 8978 electronically. Here are the form 8978 instructions you ought to follow:
- Visit PDFliner: First of all, you should visit the PDFliner site which provides a wide variety of different form templates for different situations.
- Find a template: Look for the IRS form 8978 by entering it into the search bar.
- Open the form: You may download the form to your computer, and ensure that you have a PDF reader installed on your device to open and view the form or open it on the PDFliner website.
- Complete the form: Follow the form 8978 instructions pdf, and enter all of the necessary information in the designated fields. Make sure that all of the information you enter is accurate and up-to-date.
- Save and submit the form: Once you have completed the form, save a copy to your computer for your records, and submit the form to the IRS.
What Should Form 8978 Include
Form 8978 should include information about the partnership's tax liabilities for the gap period, including any taxes owed on income earned during that time. In addition, the form should include the following information:
- Partnership information: This includes the name, address, and identification number of the partnership.
- Partner information: This includes the name, address, and identification number of each partner in the partnership.
- Tax liability information: This includes the total amount of tax owed by the partnership for the gap period, as well as the portion of that tax liability that is allocated to each partner.
- Payment information: This includes the amount of any payments made by the partnership to the IRS for the gap period, as well as the date and method of those payments.
When to Request Form 8978
Partnerships should request the 8978 form if they have a tax year that does not end on the last day of a calendar month. In particular, partnerships that have a fiscal year that ends on the 15th day of a month are required to file this form.
Fillable online Form 8978