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26th Annual Conference
Portland, Oregon
September 810, 2014
Promoting Health & Wellness to Facilitate Recovery
Conference Location:
Sheraton Portland Airport Hotel
8235 NE Airport Way
Portland,
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What is wpsha?
wpsha stands for Withholding Foreign Partnership or Foreign Partnership or Foreign Simple Trust and is a form used to report income, deductions, credits, etc., from foreign partnerships and foreign simple trusts.
Who is required to file wpsha?
Partnerships that have income effectively connected with the conduct of a trade or business in the United States and foreign partnerships with income that is subject to withholding under Chapter 3 of the Internal Revenue Code are required to file wpsha.
How to fill out wpsha?
To fill out wpsha, partnerships need to provide detailed information about their income, deductions, credits, etc., from foreign sources. This information is reported on Form 1065 and attached Schedules K-1.
What is the purpose of wpsha?
The purpose of wpsha is to report income, deductions, credits, etc., from foreign partnerships and foreign simple trusts to the IRS.
What information must be reported on wpsha?
Partnerships must report detailed information about their income, deductions, credits, etc., from foreign sources as required by the IRS.
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